Empiric Student Property (LON:ESP) Hits New 52-Week Low – What’s Next?

Shares of Empiric Student Property Plc (LON:ESP) hit a new 52-week low on Monday . The stock traded as low as GBX 77.96 ($1.04) and last traded at GBX 78.10 ($1.04), with a volume of 996024 shares traded. The stock had previously closed at GBX 79.50 ($1.06).

Empiric Student Property Trading Up 0.9%

The company has a 50 day moving average of GBX 89.20 and a two-hundred day moving average of GBX 93.28. The company has a debt-to-equity ratio of 53.27, a quick ratio of 1.06 and a current ratio of 1.45. The stock has a market capitalization of £520.72 million, a PE ratio of 18.23, a P/E/G ratio of 2.03 and a beta of 1.05.

Empiric Student Property (LON:ESP) last announced its earnings results on Thursday, August 14th. The company reported GBX 2.20 earnings per share for the quarter. Empiric Student Property had a return on equity of 7.23% and a net margin of 65.69%. Sell-side analysts predict that Empiric Student Property Plc will post 5.330033 EPS for the current 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.