Watkin Jones (LON:WJG) Hits New 52-Week Low – Here’s What Happened

Watkin Jones Plc (LON:WJG)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 17.04 and last traded at GBX 17.50, with a volume of 1122039 shares traded. The stock had previously closed at GBX 17.96.

Watkin Jones Stock Down 2.6%

The company has a current ratio of 2.12, a quick ratio of 1.55 and a debt-to-equity ratio of 28.84. The company has a market capitalization of £44.96 million, a PE ratio of -5.22 and a beta of 1.37. The stock’s fifty day moving average is GBX 18.65 and its two-hundred day moving average is GBX 23.59.

Watkin Jones (LON:WJG) last issued its earnings results on Wednesday, May 27th. The company reported GBX 0.01 earnings per share (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%. As a group, analysts predict that Watkin Jones Plc will post 2.9042225 EPS 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.