Watkin Jones (LON:WJG) Stock Price Up 11.1% - Time to Buy?

Watkin Jones Plc (LON:WJG - Get Free Report)'s stock price was up 11.1% during trading on Tuesday . The stock traded as high as GBX 30.65 ($0.41) and last traded at GBX 30.65 ($0.41). Approximately 1,899,437 shares traded hands during trading, an increase of 11% from the average daily volume of 1,711,024 shares. The stock had previously closed at GBX 27.60 ($0.37).

Watkin Jones Stock Down 7.4 %

The stock's fifty day moving average is GBX 30.62 and its two-hundred day moving average is GBX 26.23. 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 firm has a market cap of £81.83 million, a P/E ratio of -2.69 and a beta of 1.38.

Watkin Jones (LON:WJG - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The company reported GBX 3.52 ($0.05) earnings per share (EPS) for the quarter. Watkin Jones had a negative return on equity of 22.95% and a negative net margin of 6.99%. As a group, research analysts anticipate that Watkin Jones Plc will post 2.9042225 earnings per share for the current year.

Insider Buying and Selling at Watkin Jones

In other news, insider Simon Jones purchased 18,892 shares of the company's stock in a transaction on Friday, January 24th. The stock was purchased at an average price of GBX 27 ($0.36) per share, with a total value of £5,100.84 ($6,767.73). 11.01% of the stock is currently owned by company insiders.

About Watkin Jones

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.