Watkin Jones (LON:WJG) Sets New 1-Year Low – What’s Next?

Watkin Jones Plc (LON:WJGGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 21.70 and last traded at GBX 22, with a volume of 723290 shares traded. The stock had previously closed at GBX 22.85.

Watkin Jones Stock Down 3.7%

The company has a debt-to-equity ratio of 34.85, a current ratio of 2.06 and a quick ratio of 1.55. The company has a market capitalization of £56.50 million, a PE ratio of -6.72 and a beta of 1.48. The business’s 50 day simple moving average is GBX 26.99 and its 200 day simple moving average is GBX 28.13.

About Watkin Jones

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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.

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