Watkin Jones (LON:WJG) Share Price Passes Below 50 Day Moving Average of $44.13

Watkin Jones Plc (LON:WJG)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 44.13 ($0.55) and traded as low as GBX 43.50 ($0.54). Watkin Jones shares last traded at GBX 44.25 ($0.55), with a volume of 389,334 shares changing hands.

Watkin Jones Stock Up 1.7 %

The stock has a 50 day moving average of GBX 44.13 and a 200-day moving average of GBX 45.92. The firm has a market capitalization of £113.57 million, a P/E ratio of -340.38 and a beta of 1.39. The company has a debt-to-equity ratio of 56.71, a quick ratio of 1.55 and a current ratio of 2.32.

Insider Activity

In other news, insider Sarah Sergeant sold 44,153 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of GBX 43 ($0.53), for a total transaction of £18,985.79 ($23,450.83). Company insiders own 9.85% of the company’s stock.

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.