Watkin Jones (LON:WJG) Releases Earnings Results

Watkin Jones (LON:WJG) issued its earnings results on Wednesday. The company reported GBX 0.01 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of £100.17 million for the quarter. Watkin Jones had a negative net margin of 3.00% and a negative return on equity of 6.53%.

Watkin Jones Stock Down 2.4%

WJG stock opened at GBX 22.30 on Wednesday. The company has a current ratio of 2.06, a quick ratio of 1.55 and a debt-to-equity ratio of 34.85. The firm has a market capitalization of £57.27 million, a PE ratio of -6.81 and a beta of 1.48. Watkin Jones has a 1-year low of GBX 20.80 and a 1-year high of GBX 35.95. The business’s 50 day simple moving average is GBX 24.62 and its 200 day simple moving average is GBX 27.47.

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.