Watkin Jones (LON:WJG) Trading 15% Higher – Should You Buy?

Watkin Jones Plc (LON:WJG)’s share price shot up 15% during mid-day trading on Thursday . The stock traded as high as GBX 23 ($0.29) and last traded at GBX 22.82 ($0.28). 4,567,289 shares were traded during mid-day trading, an increase of 298% from the average session volume of 1,147,161 shares. The stock had previously closed at GBX 19.84 ($0.25).

Watkin Jones Price Performance

The company has a quick ratio of 1.55, a current ratio of 2.44 and a debt-to-equity ratio of 51.35. The firm’s fifty day moving average price is GBX 20.53 and its 200-day moving average price is GBX 30.20. The stock has a market cap of £74.94 million, a P/E ratio of -243.33 and a beta of 1.38.

Watkin Jones (LON:WJG) last announced its quarterly earnings results on Thursday, January 23rd. The company reported GBX 3.52 ($0.04) earnings per share (EPS) for the quarter. Watkin Jones had a negative net margin of 6.99% and a negative return on equity of 20.44%. Analysts forecast that Watkin Jones Plc will post 2.9042225 earnings per share for the current year.

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.