Watkin Jones (LON:WJG) Stock Price Down 3.8%

Watkin Jones PLC (LON:WJG) shares traded down 3.8% during mid-day trading on Friday . The company traded as low as GBX 137.32 ($1.69) and last traded at GBX 138.60 ($1.71), 184,537 shares changed hands during mid-day trading. A decline of 72% from the average session volume of 648,788 shares. The stock had previously closed at GBX 144 ($1.77).

Several brokerages recently weighed in on WJG. Berenberg Bank restated a “buy” rating and set a GBX 230 ($2.83) target price on shares of Watkin Jones in a report on Friday, July 10th. Jefferies Financial Group restated a “buy” rating on shares of Watkin Jones in a report on Monday, June 29th. Finally, Peel Hunt restated a “buy” rating on shares of Watkin Jones in a report on Wednesday, July 8th.

The company has a market capitalization of $353.41 million and a PE ratio of 8.06. The firm has a fifty day moving average of GBX 150.33 and a two-hundred day moving average of GBX 190.18. The company has a current ratio of 3.27, a quick ratio of 2.01 and a debt-to-equity ratio of 106.97.

About Watkin Jones (LON:WJG)

Watkin Jones plc engages in the development and the management of properties for residential occupation in the United Kingdom. It develops and constructs multi occupancy property assets focusing on student accommodations. The company operates through Student Accommodation, Build To Rent, Residential, and Accommodation Management segments.

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