Watkin Jones (LON:WJG) Sets New 12-Month Low at $29.00

Watkin Jones Plc (LON:WJG)’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.

Watkin Jones Trading Down 2.1 %

The company’s 50 day moving average price is GBX 49.08 and its two-hundred day moving average price is GBX 47.35. The firm has a market cap of £76.35 million, a PE ratio of -255.37 and a beta of 1.43. The company has a quick ratio of 1.55, a current ratio of 2.44 and a debt-to-equity ratio of 51.35.

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.