Watkin Jones (LON:WJG) Sets New 52-Week Low – Here’s What Happened

Watkin Jones Plc (LON:WJG) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 18.30 and last traded at GBX 18.50, with a volume of 563036 shares traded. The stock had previously closed at GBX 18.50.

Watkin Jones Stock Performance

The company has a quick ratio of 1.55, a current ratio of 2.12 and a debt-to-equity ratio of 28.84. The firm has a market cap of £47.52 million, a price-to-earnings ratio of -5.52 and a beta of 1.37. The business has a 50 day moving average price of GBX 21.54 and a 200-day moving average price of GBX 26.21.

Watkin Jones (LON:WJG) last announced its earnings results on Wednesday, May 27th. The company reported GBX 0.01 EPS for the quarter. The business had revenue of £100.17 million for the quarter. Watkin Jones had a negative return on equity of 6.89% and a negative net margin of 3.43%. As a group, research analysts expect that Watkin Jones Plc will post 2.9042225 EPS for the current fiscal 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.