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

Watkin Jones Plc (LON:WJG)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 15.20 and last traded at GBX 15.20, with a volume of 355362 shares traded. The stock had previously closed at GBX 15.56.

Watkin Jones Stock Up 0.7%

The company has a debt-to-equity ratio of 28.84, a quick ratio of 1.55 and a current ratio of 2.12. The firm has a market cap of £39.33 million, a PE ratio of -4.57 and a beta of 1.36. The stock has a fifty day moving average price of GBX 17.20 and a 200-day moving average price of GBX 20.95.

Insiders Place Their Bets

In other Watkin Jones news, insider Alan Giddins acquired 177,000 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was bought at an average cost of GBX 1,686 per share, for a total transaction of £2,984,220. 3.95% of the stock is currently owned by company insiders.

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.