Watkin Jones (LON:WJG) Shares Up 15% – Time to Buy?

Watkin Jones Plc (LON:WJGGet Free Report)’s share price was up 15% during mid-day trading on Thursday . The company traded as high as GBX 23 ($0.28) and last traded at GBX 22.82 ($0.28). Approximately 4,567,289 shares were traded during mid-day trading, an increase of 298% from the average daily volume of 1,147,161 shares. The stock had previously closed at GBX 19.84 ($0.24).

Watkin Jones Stock Performance

The firm has a market capitalization of £60.24 million, a PE ratio of -195.59 and a beta of 1.38. The company has a debt-to-equity ratio of 51.35, a current ratio of 2.44 and a quick ratio of 1.55. The company’s fifty day simple moving average is GBX 20.40 and its 200 day simple moving average is GBX 30.37.

About Watkin Jones

(Get Free Report)

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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