Watkin Jones (LON:WJG) Stock Passes Below 200-Day Moving Average – Time to Sell?

Watkin Jones Plc (LON:WJG)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 28.16 ($0.35) and traded as low as GBX 22.90 ($0.29). Watkin Jones shares last traded at GBX 33.75 ($0.42), with a volume of 2,272,541 shares.

Watkin Jones Trading Up 1.9 %

The company has a market capitalization of £88.29 million, a P/E ratio of -286.67 and a beta of 1.38. The company has a debt-to-equity ratio of 51.35, a quick ratio of 1.55 and a current ratio of 2.44. The company’s fifty day simple moving average is GBX 23.32 and its 200-day simple moving average is GBX 28.16.

Watkin Jones (LON:WJG) last released its quarterly earnings results on Thursday, January 23rd. The company reported GBX 3.52 ($0.04) earnings per share for the quarter. Watkin Jones had a negative net margin of 6.99% and a negative return on equity of 20.44%. Research analysts predict that Watkin Jones Plc will post 2.9042225 earnings per share for the current year.

Insider Activity

In other news, insider Simon Jones purchased 18,892 shares of the stock in a transaction dated Friday, January 24th. The shares were acquired at an average cost of GBX 27 ($0.34) per share, for a total transaction of £5,100.84 ($6,349.07). Company insiders own 11.01% 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.