Watkin Jones (LON:WJG) Shares Down 2.7% - Should You Sell?

Watkin Jones Plc (LON:WJG - Get Free Report) shares dropped 2.7% on Friday . The company traded as low as GBX 27.25 ($0.37) and last traded at GBX 27.25 ($0.37). Approximately 850,450 shares changed hands during trading, a decline of 49% from the average daily volume of 1,681,666 shares. The stock had previously closed at GBX 28 ($0.38).

Watkin Jones Price Performance

The company has a debt-to-equity ratio of 41.00, a quick ratio of 1.55 and a current ratio of 2.41. The company has a 50-day moving average of GBX 31.61 and a 200-day moving average of GBX 29.76. The stock has a market capitalization of £69.62 million, a price-to-earnings ratio of -2.29 and a beta of 1.38.

Watkin Jones (LON:WJG - Get Free Report) last released 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 return on equity of 22.95% and a negative net margin of 6.99%. As a group, equities research analysts expect that Watkin Jones Plc will post 2.9042225 earnings per share for the current fiscal year.

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.