Watkin Jones Plc (LON:WJG – Get Free Report)’s stock price hit a new 52-week low on Friday . The company traded as low as GBX 29 ($0.38) and last traded at GBX 29.75 ($0.39), with a volume of 4883403 shares traded. The stock had previously closed at GBX 30.40 ($0.40).
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 50 ($0.65) price target on shares of Watkin Jones in a report on Monday, July 29th.
View Our Latest Research Report on WJG
Watkin Jones Trading Down 2.1 %
Insider Buying and Selling
In other Watkin Jones news, insider Alan Giddins acquired 157,000 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The stock was bought at an average price of GBX 32 ($0.42) per share, for a total transaction of £50,240 ($65,280.67). 9.33% of the stock is currently owned by corporate 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.
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