Watkin Jones (LON:WJG) Share Price Passes Below 50-Day Moving Average - Here's Why

Shares of 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 32.73 ($0.44) and traded as low as GBX 28.20 ($0.38). Watkin Jones shares last traded at GBX 28.50 ($0.38), with a volume of 1,515,922 shares changing hands.

Watkin Jones Stock Performance

The company's fifty day moving average price is GBX 32.77 and its 200 day moving average price is GBX 28.74. The company has a market cap of £73.78 million, a PE ratio of -2.43 and a beta of 1.38. The company has a debt-to-equity ratio of 41.00, a current ratio of 2.41 and a quick ratio of 1.55.

Watkin Jones (LON:WJG - Get Free Report) last announced its earnings results on Thursday, May 29th. The company reported GBX 0.05 ($0.00) EPS 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 research analysts predict 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.