Watkin Jones (LON:WJG) Hits New 1-Year Low – Time to Sell?

Shares of Watkin Jones Plc (LON:WJG) reached a new 52-week low on Wednesday . The company traded as low as GBX 20 ($0.25) and last traded at GBX 20.40 ($0.26), with a volume of 3601890 shares trading hands. The stock had previously closed at GBX 23 ($0.29).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “hold” rating and set a GBX 50 ($0.63) price objective on shares of Watkin Jones in a research note on Monday, July 29th.

Watkin Jones Trading Up 1.7 %

The company has a market cap of £54.41 million, a P/E ratio of -176.56 and a beta of 1.38. The business’s 50-day moving average price is GBX 25.96 and its 200 day moving average price is GBX 38.96. The company has a debt-to-equity ratio of 51.35, a quick ratio of 1.55 and a current ratio of 2.44.

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.