Watkin Jones (LON:WJG) Sets New 52-Week Low at $26.05

Watkin Jones Plc (LON:WJG)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 26.05 ($0.34) and last traded at GBX 27.70 ($0.36), with a volume of 1232919 shares traded. The stock had previously closed at GBX 26.68 ($0.35).

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 50 ($0.65) price target on shares of Watkin Jones in a research report on Monday, July 29th.

Watkin Jones Price Performance

The company has a market capitalization of £69.68 million, a P/E ratio of -226.25 and a beta of 1.43. The business’s 50-day moving average is GBX 44.63 and its two-hundred day moving average is GBX 45.23. The company has a quick ratio of 1.55, a current ratio of 2.44 and a debt-to-equity ratio of 51.35.

Insiders Place Their Bets

In other Watkin Jones news, insider Alan Giddins purchased 157,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was bought at an average cost of GBX 32 ($0.42) per share, with a total value of £50,240 ($65,698.97). Insiders own 9.40% of the company’s stock.

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.