Watkin Jones (LON:WJG) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Watkin Jones Plc (LON:WJG) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 30.84 ($0.40) and traded as high as GBX 31.10 ($0.40). Watkin Jones shares last traded at GBX 30.95 ($0.40), with a volume of 362,468 shares.

Watkin Jones Trading Down 0.2 %

The company has a quick ratio of 1.55, a current ratio of 2.41 and a debt-to-equity ratio of 41.00. The firm’s 50-day simple moving average is GBX 30.84 and its 200 day simple moving average is GBX 26.03. The firm has a market cap of £80.39 million, a P/E ratio of -2.65 and a beta of 1.38.

Watkin Jones (LON:WJG) last announced its quarterly earnings results on Thursday, January 23rd. The company reported GBX 3.52 ($0.05) EPS for the quarter. Watkin Jones had a negative net margin of 6.99% and a negative return on equity of 22.95%. As a group, analysts expect that Watkin Jones Plc will post 2.9042225 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Simon Jones bought 18,892 shares of the business’s stock in a transaction dated Friday, January 24th. The shares were purchased at an average price of GBX 27 ($0.35) per share, with a total value of £5,100.84 ($6,602.17). 11.01% of the stock is owned by corporate insiders.

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.