Watkin Jones (LON:WJG) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Watkin Jones Plc (LON:WJG) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 19.80 and traded as low as GBX 18.30. Watkin Jones shares last traded at GBX 18.30, with a volume of 636,112 shares trading hands.

Watkin Jones Price Performance

The stock’s 50-day moving average price is GBX 19.68 and its 200-day moving average price is GBX 24.76. The company has a quick ratio of 1.55, a current ratio of 2.12 and a debt-to-equity ratio of 28.84. The company has a market capitalization of £46.34 million, a price-to-earnings ratio of -5.38 and a beta of 1.38.

Watkin Jones (LON:WJG) last announced its quarterly earnings data on Wednesday, May 27th. The company reported GBX 0.01 EPS for the quarter. The firm had revenue of £100.17 million for the quarter. Watkin Jones had a negative return on equity of 6.89% and a negative net margin of 3.43%. Equities research analysts anticipate that Watkin Jones Plc will post 2.9042225 earnings per share 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.