Unite Group (LON:UTG) Stock Rating Reaffirmed by JPMorgan Chase & Co.

Unite Group (LON:UTG)‘s stock had its “neutral” rating reiterated by stock analysts at JPMorgan Chase & Co. in a report issued on Wednesday, Digital Look reports.

Unite Group Price Performance

LON UTG traded up GBX 15.50 ($0.20) on Wednesday, hitting GBX 906.50 ($11.47). The company had a trading volume of 1,239,686 shares, compared to its average volume of 860,646. The company has a market capitalization of £3.95 billion, a PE ratio of 3,620.00, a PEG ratio of 3.20 and a beta of 1.18. The company’s fifty day moving average price is GBX 909.13 and its 200-day moving average price is GBX 959.92. The company has a debt-to-equity ratio of 28.47, a current ratio of 0.43 and a quick ratio of 0.73. Unite Group has a 12-month low of GBX 834.28 ($10.55) and a 12-month high of GBX 1,069 ($13.52).

Unite Group Company Profile

Unite Group PLC, owns, manages, and develops purpose-built student accommodation facilities for the higher education sector in the United Kingdom. The company operates through Operations and Property segments. It manages rental properties, as well as offers asset management services. The company was founded in 1991 and is headquartered in Bristol, England.