Empiric Student Property (LON:ESP) Hits New 12-Month Low – Here’s Why

Empiric Student Property Plc (LON:ESP) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 72.90 and last traded at GBX 73.28, with a volume of 37392895 shares changing hands. The stock had previously closed at GBX 74.90.

Empiric Student Property Trading Down 2.2%

The company has a debt-to-equity ratio of 53.27, a current ratio of 1.45 and a quick ratio of 1.06. The business’s 50-day simple moving average is GBX 81.63 and its two-hundred day simple moving average is GBX 91.24. The stock has a market capitalization of £486.72 million, a price-to-earnings ratio of 17.04, a PEG ratio of 2.03 and a beta of 1.05.

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.