Key Points
- Insider purchase: Alan Giddins acquired 177,000 Watkin Jones shares at GBX 1,686 each, for a total investment of approximately £2.98 million.
- Weak market performance: Watkin Jones opened at GBX 15.40, its one-year low, compared with a one-year high of GBX 35.15. The company has a market capitalization of about £39.57 million and a negative price-to-earnings ratio of -4.59.
- Recent financial results: The company reported quarterly revenue of £100.17 million and EPS of GBX 0.01, alongside a negative net margin of 3.43% and negative return on equity of 6.89%.
Watkin Jones Plc (LON:WJG - Get Free Report) insider Alan Giddins acquired 177,000 shares of the company's stock in a transaction dated Friday, August 28th. The shares were bought at an average cost of GBX 1,686 per share, for a total transaction of £2,984,220.
Watkin Jones Price Performance
LON WJG opened at GBX 15.40 on Friday. The company has a debt-to-equity ratio of 28.84, a current ratio of 2.12 and a quick ratio of 1.55. The stock's fifty day moving average price is GBX 18.27 and its 200 day moving average price is GBX 22.97. Watkin Jones Plc has a 1 year low of GBX 15.40 and a 1 year high of GBX 35.15. The company has a market cap of £39.57 million, a price-to-earnings ratio of -4.59 and a beta of 1.37.
Watkin Jones (LON:WJG - Get Free Report) last issued its earnings results on Wednesday, May 27th. The company reported GBX 0.01 earnings per share (EPS) for the quarter. Watkin Jones had a negative return on equity of 6.89% and a negative net margin of 3.43%.The company had revenue of £100.17 million during the quarter. As a group, equities research analysts forecast that Watkin Jones Plc will post 2.9042225 earnings per share for the current year.
Watkin Jones Company Profile
(
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. The company was formerly known as Watkin Jones Limited and changed its name to Watkin Jones Plc in March 2016.
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