Watkin Jones (LON:WJG) Reaches New 12-Month Low – Here’s Why

Watkin Jones Plc (LON:WJG)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 22.05 and last traded at GBX 22.50, with a volume of 874364 shares trading hands. The stock had previously closed at GBX 22.50.

Watkin Jones Stock Performance

The company has a debt-to-equity ratio of 34.85, a current ratio of 2.06 and a quick ratio of 1.55. The stock has a 50-day moving average price of GBX 27.52 and a 200-day moving average price of GBX 28.37. The company has a market capitalization of £57.58 million, a price-to-earnings ratio of -6.84 and a beta of 1.48.

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.