Watkin Jones (LON:WJG) Hits New 1-Year Low at $26.05

Watkin Jones Plc (LON:WJG) shares hit a new 52-week low 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. The stock had previously closed at GBX 26.68 ($0.35).

Analyst Ratings Changes

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

Watkin Jones Stock 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 company has a current ratio of 2.44, a quick ratio of 1.55 and a debt-to-equity ratio of 51.35. The company’s fifty day moving average is GBX 44.63 and its 200 day moving average is GBX 45.23.

Insider Transactions at Watkin Jones

In related news, insider Alan Giddins acquired 157,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were bought at an average cost of GBX 32 ($0.42) per share, for a total transaction of £50,240 ($65,698.97). Corporate 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.