Alan Giddins Purchases 177,000 Shares of Watkin Jones (LON:WJG) Stock

Watkin Jones Plc (LON:WJG) insider Alan Giddins purchased 177,000 shares of the stock in a transaction dated Friday, August 28th. The stock was bought at an average cost of GBX 1,686 per share, with a total value of £2,984,220.

Watkin Jones Stock Performance

Shares of WJG stock opened at GBX 16.50 on Friday. Watkin Jones Plc has a one year low of GBX 16.50 and a one year high of GBX 35.15. The company’s 50-day moving average is GBX 18.36 and its 200 day moving average is GBX 23.03. The company has a market capitalization of £42.39 million, a price-to-earnings ratio of -4.92 and a beta of 1.37. The company has a debt-to-equity ratio of 28.84, a quick ratio of 1.55 and a current ratio of 2.12.

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

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.