Watkin Jones (LON:WJG) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Watkin Jones Plc (LON:WJG)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 30.84 ($0.40) and traded as high as GBX 31.10 ($0.40). Watkin Jones shares last traded at GBX 30.95 ($0.40), with a volume of 362,468 shares changing hands.

Watkin Jones Stock Down 0.2 %

The business has a fifty day moving average price of GBX 30.84 and a two-hundred day moving average price of GBX 26.03. The company has a current ratio of 2.41, a quick ratio of 1.55 and a debt-to-equity ratio of 41.00. The company has a market cap of £80.39 million, a price-to-earnings ratio of -2.65 and a beta of 1.38.

Watkin Jones (LON:WJG) last released its quarterly earnings data on Thursday, January 23rd. The company reported GBX 3.52 ($0.05) earnings per share for the quarter. Watkin Jones had a negative net margin of 6.99% and a negative return on equity of 22.95%. On average, equities analysts predict that Watkin Jones Plc will post 2.9042225 earnings per share for the current year.

Insider Buying and Selling

In other Watkin Jones news, insider Simon Jones acquired 18,892 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The shares were purchased at an average price of GBX 27 ($0.35) per share, with a total value of £5,100.84 ($6,602.17). 11.01% of the stock is owned by corporate insiders.

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.