Watkin Jones (LON:WJG) Issues Earnings Results

Watkin Jones (LON:WJG) announced its quarterly earnings results on Wednesday. The company reported GBX 0.01 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of £100.17 million during the quarter. Watkin Jones had a negative net margin of 3.00% and a negative return on equity of 6.53%.

Watkin Jones Stock Performance

Shares of Watkin Jones stock opened at GBX 21.75 on Thursday. The stock has a market capitalization of £55.86 million, a P/E ratio of -6.64 and a beta of 1.48. The company has a quick ratio of 1.55, a current ratio of 2.06 and a debt-to-equity ratio of 34.85. The company has a 50-day simple moving average of GBX 24.49 and a 200 day simple moving average of GBX 27.42. Watkin Jones has a 12-month low of GBX 20.80 and a 12-month high of GBX 35.15.

About Watkin Jones

Watkin Jones Plc engages in the development and the management of properties for residential occupation in the United Kingdom. The company operates through four segments: Student Accommodation, Build to Rent, Affordable Homes, and Accommodation Management. It is involved in the development of purpose-built student accommodation, build to rent accommodation, and residential housing property; and management of student accommodation and build to rent/private rental sector property. The company was formerly known as Watkin Jones Limited and changed its name to Watkin Jones Plc in March 2016.