Empiric Student Property (LON:ESP) Sets New 52-Week Low – Here’s Why

Empiric Student Property Plc (LON:ESP)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 78.10 ($1.01) and last traded at GBX 80 ($1.03), with a volume of 1987574 shares changing hands. The stock had previously closed at GBX 83.70 ($1.08).

Empiric Student Property Stock Up 0.1 %

The company has a quick ratio of 1.06, a current ratio of 1.45 and a debt-to-equity ratio of 53.27. The stock has a 50 day simple moving average of GBX 82.48 and a 200 day simple moving average of GBX 88.68. The stock has a market cap of £529.93 million, a price-to-earnings ratio of 8.98, a PEG ratio of 2.03 and a beta of 1.05.

Empiric Student Property (LON:ESP) last posted its earnings results on Friday, March 14th. The company reported GBX 4 ($0.05) earnings per share for the quarter. Empiric Student Property had a return on equity of 7.23% and a net margin of 65.69%. As a group, analysts expect that Empiric Student Property Plc will post 5.330033 earnings per share for the current fiscal year.

Empiric Student Property Company Profile

Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation serving key UK universities.
Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student® operating platform, that is attractive to affluent growing student segments.
The Company, an internally managed real estate investment trust (“REIT”) incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.