Watkin Jones (LON:WJG) Trading Down 11.3% - Here's Why

Shares of Watkin Jones Plc (LON:WJG - Get Free Report) fell 11.3% during trading on Thursday . The stock traded as low as GBX 28.60 ($0.39) and last traded at GBX 31.71 ($0.43). 5,729,415 shares changed hands during mid-day trading, an increase of 231% from the average session volume of 1,729,087 shares. The stock had previously closed at GBX 35.75 ($0.48).

Watkin Jones Price Performance

The stock has a market capitalization of £78.06 million, a PE ratio of -2.57 and a beta of 1.38. The company has a current ratio of 2.41, a quick ratio of 1.55 and a debt-to-equity ratio of 41.00. The company's 50 day simple moving average is GBX 32.44 and its 200 day simple moving average is GBX 28.07.

Watkin Jones (LON:WJG - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The company reported GBX 0.05 ($0.00) earnings per share for the quarter. Watkin Jones had a negative net margin of 6.99% and a negative return on equity of 22.95%. On average, equities analysts anticipate that Watkin Jones Plc will post 2.9042225 earnings per share for the current year.

Watkin Jones Company Profile

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.