Free Trial

Watkin Jones (LON:WJG) Shares Cross Below 50-Day Moving Average - Time to Sell?

Watkin Jones logo with Consumer Cyclical background
Image from MarketBeat Media, LLC.

Key Points

  • Technical signal: Watkin Jones (LON:WJG) crossed below its 50-day moving average (GBX 29.39), trading as low as GBX 25.28 and last at GBX 25.50 on volume of 1,036,665 shares.
  • Profitability and valuation: The company has a market cap of £65.55 million and a negative P/E of -7.79, indicating it is currently unprofitable.
  • Balance-sheet metrics: Liquidity ratios are modest (quick ratio 1.55, current ratio 2.06) with a debt-to-equity ratio of 34.85, and the 200-day moving average (GBX 29.34) sits near the 50-day level.
  • Five stocks to consider instead of Watkin Jones.

Watkin Jones Plc (LON:WJG - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 29.39 and traded as low as GBX 25.28. Watkin Jones shares last traded at GBX 25.50, with a volume of 1,036,665 shares traded.

Watkin Jones Stock Performance

The stock has a market cap of £65.55 million, a P/E ratio of -7.79 and a beta of 1.38. The business has a 50 day moving average price of GBX 29.39 and a 200 day moving average price of GBX 29.34. The company has a quick ratio of 1.55, a current ratio of 2.06 and a debt-to-equity ratio of 34.85.

About Watkin Jones

(Get Free Report)

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. The company was formerly known as Watkin Jones Limited and changed its name to Watkin Jones Plc in March 2016.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Watkin Jones Right Now?

Before you consider Watkin Jones, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Watkin Jones wasn't on the list.

While Watkin Jones currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Click the link to see MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines