Empiric Student Property (LON:ESP) Stock Passes Above 50 Day Moving Average of $92.21

Empiric Student Property Plc (LON:ESP)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 92.21 ($1.16) and traded as high as GBX 93.90 ($1.18). Empiric Student Property shares last traded at GBX 93.70 ($1.18), with a volume of 535,508 shares changing hands.

Empiric Student Property Stock Up 0.8 %

The company has a market cap of £565.42 million, a price-to-earnings ratio of 1,041.11, a price-to-earnings-growth ratio of 2.03 and a beta of 1.00. The stock has a 50-day simple moving average of GBX 92.21 and a 200-day simple moving average of GBX 92.11. The company has a current ratio of 0.61, a quick ratio of 1.06 and a debt-to-equity ratio of 48.73.

Empiric Student Property Announces Dividend

The business also recently announced a dividend, which was paid on Friday, April 19th. Investors of record on Thursday, April 4th were given a GBX 0.94 ($0.01) dividend. The ex-dividend date was Thursday, April 4th. This represents a yield of 1%. Empiric Student Property’s dividend payout ratio is presently 4,444.44%.

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.