Watkin Jones (LON:WJG) Shares Up 2.8%

Shares of Watkin Jones Plc (LON:WJG) shot up 2.8% during trading on Tuesday . The stock traded as high as GBX 221 ($2.89) and last traded at GBX 219 ($2.86). 994,100 shares were traded during mid-day trading, an increase of 121% from the average session volume of 449,259 shares. The stock had previously closed at GBX 213 ($2.78).

The stock has a market capitalization of £589.17 million and a PE ratio of 28.29. The company has a current ratio of 2.70, a quick ratio of 1.60 and a debt-to-equity ratio of 103.74. The company’s 50 day simple moving average is GBX 209.85 and its 200 day simple moving average is GBX 178.84.

The company also recently announced a dividend, which was paid on Friday, February 26th. Shareholders of record on Thursday, January 28th were paid a GBX 7.35 ($0.10) dividend. This is a boost from Watkin Jones’s previous dividend of $5.60. This represents a yield of 3.64%. The ex-dividend date of this dividend was Thursday, January 28th. Watkin Jones’s payout ratio is presently 0.68%.

Watkin Jones Company Profile (LON:WJG)

Watkin Jones Plc engages in the development and the management of properties for residential occupation in the United Kingdom. The company operates through Student Accommodation, Build to Rent, Residential, and Accommodation Management segments. It is involved in the development of purpose-built student accommodation, build to rent accommodation, and traditional residential property; and management of student accommodation and build to rent property.

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