Watkin Jones (LON:WJG) Sets New 52-Week Low – Time to Sell?

Watkin Jones Plc (LON:WJG)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 15.22 and last traded at GBX 16.30, with a volume of 15209973 shares traded. The stock had previously closed at GBX 16.04.

Watkin Jones Trading Down 0.2%

The stock has a market cap of £43.22 million, a P/E ratio of -5.02 and a beta of 1.37. The firm’s 50 day simple moving average is GBX 18.06 and its two-hundred day simple moving average is GBX 22.56. The company has a quick ratio of 1.55, a current ratio of 2.12 and a debt-to-equity ratio of 28.84.

Insider Activity at Watkin Jones

In other Watkin Jones news, insider Alan Giddins acquired 177,000 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was acquired at an average price of GBX 1,686 per share, with a total value of £2,984,220. Company insiders own 3.88% of the company’s stock.

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.