Watkin Jones (LON:WJG) Hits New 52-Week Low – What’s Next?

Watkin Jones Plc (LON:WJG) shares hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 18.50 and last traded at GBX 19.76, with a volume of 1422612 shares traded. The stock had previously closed at GBX 18.50.

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 firm has a market capitalization of £50.76 million, a PE ratio of -5.89 and a beta of 1.37. The firm’s fifty day moving average price is GBX 22.07 and its 200 day moving average price is GBX 26.45.

Watkin Jones (LON:WJG) last released its quarterly earnings data on Wednesday, May 27th. The company reported GBX 0.01 earnings per share for the quarter. The business had revenue of £100.17 million during the quarter. Watkin Jones had a negative return on equity of 6.89% and a negative net margin of 3.43%. As a group, equities analysts forecast that Watkin Jones Plc will post 2.9042225 earnings per share 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.