Watkin Jones (LON:WJG) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Watkin Jones Plc (LON:WJG) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 22.63 and traded as low as GBX 19.66. Watkin Jones shares last traded at GBX 19.66, with a volume of 261,008 shares trading hands.

Watkin Jones Trading Up 1.5%

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 business has a 50 day moving average of GBX 22.63 and a 200-day moving average of GBX 26.70. The stock has a market cap of £51.28 million, a PE ratio of -5.95 and a beta of 1.36.

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