Watkin Jones (LON:WJG) Reaches New 1-Year Low – Here’s What Happened

Watkin Jones Plc (LON:WJG) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 18.69 and last traded at GBX 19.52, with a volume of 1130851 shares traded. The stock had previously closed at GBX 19.66.

Watkin Jones Price Performance

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 £49.94 million, a PE ratio of -5.80 and a beta of 1.37. The firm’s 50 day simple moving average is GBX 22.36 and its 200 day simple moving average is GBX 26.59.

Watkin Jones (LON:WJG) last announced its earnings results on Wednesday, May 27th. The company reported GBX 0.01 earnings per share for the quarter. The business 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%. As a group, research analysts anticipate that Watkin Jones Plc will post 2.9042225 EPS for the current fiscal 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.