Watkin Jones Plc (LON:WJG - Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 37.47 ($0.50) and traded as low as GBX 25.20 ($0.34). Watkin Jones shares last traded at GBX 26.05 ($0.35), with a volume of 705,044 shares trading hands.
Analyst Ratings Changes
Separately, Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 50 ($0.67) price objective on shares of Watkin Jones in a report on Monday, July 29th.
View Our Latest Stock Analysis on Watkin Jones
Watkin Jones Trading Up 3.6 %
The company has a market cap of £69.30 million, a PE ratio of -225.00 and a beta of 1.38. The stock's 50 day moving average is GBX 36.94 and its 200-day moving average is GBX 43.17. The company has a quick ratio of 1.55, a current ratio of 2.44 and a debt-to-equity ratio of 51.35.
Insider Activity
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 stock was bought at an average price of GBX 32 ($0.43) per share, for a total transaction of £50,240 ($67,201.71). 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.
Further Reading
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