Watkin Jones (LON:WJG) Stock Price Crosses Below Fifty Day Moving Average - What's Next?

Watkin Jones Plc (LON:WJG - Get Free Report)'s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 22.88 ($0.29) and traded as low as GBX 18 ($0.23). Watkin Jones shares last traded at GBX 19.60 ($0.25), with a volume of 1,526,684 shares changing hands.

Watkin Jones Stock Up 1.8 %

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 has a market capitalization of £51.23 million, a PE ratio of -166.33 and a beta of 1.38. The firm's 50-day simple moving average is GBX 22.73 and its 200 day simple moving average is GBX 33.83.

Watkin Jones Company Profile

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.