Watkin Jones Plc (LON:WJG - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 31.58 ($0.41) and traded as low as GBX 26.56 ($0.35). Watkin Jones shares last traded at GBX 27.40 ($0.36), with a volume of 749,529 shares changing hands.
Analyst Ratings Changes
Separately, Jefferies Financial Group restated a "hold" rating and issued a GBX 50 ($0.65) price target on shares of Watkin Jones in a report on Monday, July 29th.
View Our Latest Analysis on WJG
Watkin Jones Stock Performance
The company has a debt-to-equity ratio of 51.35, a quick ratio of 1.55 and a current ratio of 2.44. The firm has a market cap of £71.09 million, a P/E ratio of -225.83 and a beta of 1.38. The firm's fifty day moving average price is GBX 31.14 and its 200 day moving average price is GBX 41.86.
Insider Activity
In other news, insider Alan Giddins acquired 157,000 shares of Watkin Jones stock in a transaction that occurred on Thursday, August 22nd. The stock was purchased at an average price of GBX 32 ($0.42) per share, for a total transaction of £50,240 ($65,604.60). Company insiders own 11.01% 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.
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