Shares of Watkin Jones Plc (LON:WJG - Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 26.52 ($0.34) and traded as low as GBX 24.25 ($0.31). Watkin Jones shares last traded at GBX 24.25 ($0.31), with a volume of 700,989 shares traded.
Analyst Ratings Changes
Separately, Jefferies Financial Group reiterated a "hold" rating and issued a GBX 50 ($0.64) target price on shares of Watkin Jones in a report on Monday, July 29th.
View Our Latest Research Report on Watkin Jones
Watkin Jones Stock Performance
The company has a debt-to-equity ratio of 51.35, a current ratio of 2.44 and a quick ratio of 1.55. The company has a market cap of £61.72 million, a price-to-earnings ratio of -202.92 and a beta of 1.38. The firm has a 50 day simple moving average of GBX 26.52 and a 200-day simple moving average of GBX 39.88.
Insider Transactions at Watkin Jones
In related news, insider Alan Giddins acquired 157,000 shares of Watkin Jones stock in a transaction that occurred on Thursday, August 22nd. The shares were purchased at an average cost of GBX 32 ($0.41) per share, for a total transaction of £50,240 ($64,650.62). Company insiders own 11.01% of the company's stock.
Watkin Jones Company Profile
(
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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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