Watkin Jones (LON:WJG) Shares Cross Below 50-Day Moving Average – Time to Sell?

Watkin Jones Plc (LON:WJG)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 23.86 and traded as low as GBX 21.15. Watkin Jones shares last traded at GBX 21.15, with a volume of 342,899 shares traded.

Watkin Jones Price Performance

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 £51.37 million, a PE ratio of -5.96 and a beta of 1.36. The stock’s 50-day moving average is GBX 23.58 and its two-hundred day moving average is GBX 27.11.

Watkin Jones (LON:WJG) last posted its quarterly earnings data on Wednesday, May 27th. The company reported GBX 0.01 earnings per share for the quarter. Watkin Jones had a negative net margin of 3.43% and a negative return on equity of 6.89%. The company had revenue of £100.17 million for the quarter. On average, equities analysts predict 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.