Watkin Jones (LON:WJG) Reaches New 12-Month Low – Should You Sell?

Shares of Watkin Jones Plc (LON:WJG) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 17.78 and last traded at GBX 18, with a volume of 252443 shares trading hands. The stock had previously closed at GBX 18.08.

Watkin Jones Stock Performance

The stock has a market cap of £46.75 million, a price-to-earnings ratio of -5.43 and a beta of 1.38. The company’s fifty day simple moving average is GBX 19.16 and its two-hundred day simple moving average is GBX 24.30. The company has a debt-to-equity ratio of 28.84, a current ratio of 2.12 and a quick ratio of 1.55.

Watkin Jones (LON:WJG) last issued its quarterly earnings data 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 during the quarter. Watkin Jones had a negative net margin of 3.43% and a negative return on equity of 6.89%. On average, analysts forecast that Watkin Jones Plc will post 2.9042225 earnings per share 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.