Watkin Jones (LON:WJG) Reaches New 12-Month Low – What’s Next?

Watkin Jones Plc (LON:WJG) shares reached a new 52-week low on Wednesday . The company traded as low as GBX 20 ($0.25) and last traded at GBX 20.40 ($0.26), with a volume of 3601890 shares changing hands. The stock had previously closed at GBX 23 ($0.29).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 50 ($0.63) price objective on shares of Watkin Jones in a research report on Monday, July 29th.

Watkin Jones Stock Performance

The firm has a market cap of £54.41 million, a price-to-earnings ratio of -176.56 and a beta of 1.38. The company has a current ratio of 2.44, a quick ratio of 1.55 and a debt-to-equity ratio of 51.35. The stock’s 50 day moving average is GBX 25.96 and its 200 day moving average is GBX 38.96.

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.