Watkin Jones Plc (LON:WJG – Get Free Report) 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.
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Watkin Jones Stock Performance
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.
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