Watkin Jones Plc (LON:WJG - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 25.75 ($0.34) and last traded at GBX 26.50 ($0.35), with a volume of 753232 shares trading hands. The stock had previously closed at GBX 26.95 ($0.36).
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 50 ($0.66) price objective on shares of Watkin Jones in a report on Monday, July 29th.
Check Out Our Latest Stock Analysis on WJG
Watkin Jones Stock Performance
The firm has a fifty day simple moving average of GBX 40.92 and a 200-day simple moving average of GBX 44.15. The company has a market cap of £68.01 million, a PE ratio of -224.58 and a beta of 1.38. The company has a quick ratio of 1.55, a current ratio of 2.44 and a debt-to-equity ratio of 51.35.
Insiders Place Their Bets
In related news, insider Alan Giddins purchased 157,000 shares of the company's stock in a transaction that occurred on Thursday, August 22nd. The shares were purchased at an average price of GBX 32 ($0.42) per share, for a total transaction of £50,240 ($66,367.24). Corporate insiders own 9.40% of the company's stock.
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.
See Also
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