Watkin Jones (LON:WJG) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Watkin Jones Plc (LON:WJG)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 18.87 and traded as low as GBX 17.70. Watkin Jones shares last traded at GBX 18.20, with a volume of 314,940 shares.

Watkin Jones Stock Performance

The stock has a market capitalization of £46.25 million, a PE ratio of -5.37 and a beta of 1.38. The business’s 50 day moving average is GBX 18.76 and its 200 day moving average is GBX 23.82. The company has a current ratio of 2.12, a quick ratio of 1.55 and a debt-to-equity ratio of 28.84.

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

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.