Watkin Jones (LON:WJG) Given “Hold” Rating at Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of Watkin Jones (LON:WJG) in a report issued on Tuesday morning, MarketBeat Ratings reports. They currently have a GBX 50 ($0.64) price target on the stock.

Watkin Jones Stock Performance

WJG opened at GBX 50.90 ($0.65) on Tuesday. The business’s 50 day moving average is GBX 44.55 and its 200-day moving average is GBX 47.85. The stock has a market cap of £130.63 million, a PE ratio of -391.54 and a beta of 1.33. The company has a current ratio of 2.32, a quick ratio of 1.55 and a debt-to-equity ratio of 56.71. Watkin Jones has a twelve month low of GBX 30 ($0.38) and a twelve month high of GBX 79.90 ($1.02).

Insider Activity at Watkin Jones

In related news, insider Sarah Sergeant sold 44,153 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of GBX 43 ($0.55), for a total transaction of £18,985.79 ($24,130.39). Company insiders own 9.84% 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.