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

Watkin Jones Plc (LON:WJG) crossed 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 traded.

Watkin Jones Price Performance

The stock has a market cap of £113.57 million, a PE ratio of -340.38 and a beta of 1.39. The company has a debt-to-equity ratio of 56.71, a current ratio of 2.32 and a quick ratio of 1.55. The firm’s 50 day moving average price is GBX 43.96 and its two-hundred day moving average price is GBX 46.06.

Insider Transactions at Watkin Jones

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

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.