Shares of Watkin Jones Plc (LON:WJG – Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 28.46 ($0.37) and traded as low as GBX 26.45 ($0.34). Watkin Jones shares last traded at GBX 26.70 ($0.35), with a volume of 2,189,805 shares traded.
Analyst Ratings Changes
Separately, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 50 ($0.65) price target on shares of Watkin Jones in a research report on Monday, July 29th.
Check Out Our Latest Analysis on Watkin Jones
Watkin Jones Stock Down 0.4 %
Insiders Place Their Bets
In other Watkin Jones news, insider Alan Giddins purchased 157,000 shares of the business’s stock in a transaction dated Thursday, August 22nd. The shares were bought at an average price of GBX 32 ($0.42) per share, with a total value of £50,240 ($65,229.81). 11.01% of the stock is currently owned by corporate 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.
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