Watkin Jones (LON:WJG) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Watkin Jones Plc (LON:WJG)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 23.86 and traded as low as GBX 21.15. Watkin Jones shares last traded at GBX 21.15, with a volume of 342,899 shares changing hands.

Watkin Jones Trading Up 2.0%

The business’s fifty day moving average is GBX 23.86 and its 200-day moving average is GBX 27.21. The stock has a market capitalization of £55.38 million, a PE ratio of -6.58 and a beta of 1.48. The company has a quick ratio of 1.55, a current ratio of 2.12 and a debt-to-equity ratio of 28.84.

Watkin Jones (LON:WJG) last released its quarterly earnings data on Wednesday, May 27th. The company reported GBX 0.01 earnings per share (EPS) for the quarter. Watkin Jones had a negative net margin of 3.43% and a negative return on equity of 6.89%. The company had revenue of £100.17 million during the quarter. As a group, analysts anticipate that Watkin Jones Plc will post 2.9042225 EPS 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. The company was formerly known as Watkin Jones Limited and changed its name to Watkin Jones Plc in March 2016.