Watkin Jones (LON:WJG) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Watkin Jones Plc (LON:WJG)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 28.77 and traded as high as GBX 30.65. Watkin Jones shares last traded at GBX 30, with a volume of 1,132,576 shares.

Watkin Jones Stock Up 1.0%

The company has a debt-to-equity ratio of 41.00, a quick ratio of 1.55 and a current ratio of 2.41. The stock’s fifty day simple moving average is GBX 28.77 and its two-hundred day simple moving average is GBX 28.99. The company has a market capitalization of £77.00 million, a price-to-earnings ratio of -9.16 and a beta of 1.38.

Watkin Jones (LON:WJG) last released its earnings results on Tuesday, December 16th. The company reported GBX 2.29 EPS for the quarter. Watkin Jones had a negative net margin of 6.99% and a negative return on equity of 22.95%. On average, sell-side analysts anticipate that Watkin Jones Plc will post 2.9042225 EPS for the current 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.