Watkin Jones (LON:WJG) Reaches New 52-Week Low – Here’s Why

Watkin Jones Plc (LON:WJG) shares reached a new 52-week low on Wednesday . The company traded as low as GBX 18.50 and last traded at GBX 19.76, with a volume of 1422612 shares traded. The stock had previously closed at GBX 18.50.

Watkin Jones Stock Performance

The firm has a fifty day moving average of GBX 21.82 and a 200-day moving average of GBX 26.33. The stock has a market capitalization of £48.96 million, a price-to-earnings ratio of -5.68 and a beta of 1.37. The company has a quick ratio of 1.55, a current ratio of 2.12 and a debt-to-equity ratio of 28.84.

Watkin Jones (LON:WJG) last posted its earnings results on Wednesday, May 27th. The company reported GBX 0.01 earnings per share for the quarter. Watkin Jones had a negative return on equity of 6.89% and a negative net margin of 3.43%.The company had revenue of £100.17 million for the quarter. As a group, sell-side analysts anticipate that Watkin Jones Plc will post 2.9042225 EPS for the current year.

Watkin Jones Company Profile

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.