Watkin Jones (LON:WJG) Given Hold Rating at Jefferies Financial Group

Watkin Jones (LON:WJG)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Financial Group in a note issued to investors on Monday, LSE.Co.UK reports. They presently have a GBX 50 ($0.65) target price on the stock. Jefferies Financial Group’s price objective would suggest a potential downside of 8.26% from the company’s current price.

Watkin Jones Stock Performance

Shares of LON:WJG traded up GBX 1.40 ($0.02) during midday trading on Monday, reaching GBX 54.50 ($0.70). The company’s stock had a trading volume of 700,807 shares, compared to its average volume of 821,694. The firm has a market capitalization of £139.87 million, a PE ratio of -421.22 and a beta of 1.33. Watkin Jones has a twelve month low of GBX 30 ($0.39) and a twelve month high of GBX 60.40 ($0.78). The stock has a fifty day moving average of GBX 49.38 and a 200 day moving average of GBX 47.58. The company has a quick ratio of 1.55, a current ratio of 2.32 and a debt-to-equity ratio of 56.71.

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.