Watkin Jones (LON:WJG) Stock Crosses Below Two Hundred Day Moving Average - Should You Sell?

Watkin Jones Plc (LON:WJG - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 28.16 ($0.35) and traded as low as GBX 22.90 ($0.29). Watkin Jones shares last traded at GBX 33.75 ($0.42), with a volume of 2,272,541 shares trading hands.

Watkin Jones Stock Down 2.9 %

The company has a market capitalization of £85.73 million, a price-to-earnings ratio of -2.82 and a beta of 1.38. The business has a fifty day simple moving average of GBX 23.86 and a two-hundred day simple moving average of GBX 27.88. The company has a quick ratio of 1.55, a current ratio of 2.41 and a debt-to-equity ratio of 41.00.

Watkin Jones (LON:WJG - Get Free Report) last posted its earnings results on Thursday, January 23rd. The company reported GBX 3.52 ($0.04) earnings per share for the quarter. Watkin Jones had a negative net margin of 6.99% and a negative return on equity of 22.95%. Equities analysts expect that Watkin Jones Plc will post 2.9042225 EPS for the current year.

Insiders Place Their Bets

In related news, insider Simon Jones acquired 18,892 shares of the company's stock in a transaction that occurred on Friday, January 24th. The stock was purchased at an average price of GBX 27 ($0.34) per share, for a total transaction of £5,100.84 ($6,416.96). Insiders own 11.01% of the company's stock.

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.