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

Watkin Jones Plc (LON:WJG) shares 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 Trading Up 1.7 %

The business’s 50 day moving average price is GBX 44.13 and its two-hundred day moving average price is GBX 45.92. The company has a current ratio of 2.32, a quick ratio of 1.55 and a debt-to-equity ratio of 56.71. The company has a market capitalization of £113.57 million, a price-to-earnings ratio of -340.38 and a beta of 1.39.

Insider Activity at Watkin Jones

In related news, insider Sarah Sergeant sold 44,153 shares of the firm’s stock in a transaction that occurred on 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). 9.85% of the stock is owned by company insiders.

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.