Watkin Jones (LON:WJG) Shares Up 15% - Still a Buy?

Watkin Jones Plc (LON:WJG - Get Free Report) shares rose 15% on Thursday . The company traded as high as GBX 23 ($0.28) and last traded at GBX 22.82 ($0.28). Approximately 4,567,289 shares traded hands during mid-day trading, an increase of 298% from the average daily volume of 1,147,161 shares. The stock had previously closed at GBX 19.84 ($0.24).

Watkin Jones Stock Up 28.3 %

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 company's 50-day moving average price is GBX 20.40 and its 200 day moving average price is GBX 30.37. The stock has a market capitalization of £65.32 million, a P/E ratio of -212.08 and a beta of 1.38.

Watkin Jones (LON:WJG - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The company reported GBX 3.52 ($0.04) EPS for the quarter. Watkin Jones had a negative return on equity of 20.44% and a negative net margin of 6.99%. As a group, equities analysts expect that Watkin Jones Plc will post 2.9042225 earnings per share for the current year.

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.