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Empiric Student Property (LON:ESP) Reaches New 1-Year Low - Time to Sell?

Empiric Student Property logo with Real Estate background

Key Points

  • Empiric Student Property (LON:ESP) reached a new 52-week low of GBX 77.96 ($1.05) during trading, with last trades at GBX 78.10 ($1.05).
  • The company reported a net margin of 65.69% and a return on equity of 7.23% with earnings of GBX 2.20 per share for the last quarter.
  • Empiric focuses on providing premium student accommodation and is structured as an internally managed real estate investment trust (REIT).
  • Five stocks to consider instead of Empiric Student Property.

Empiric Student Property Plc (LON:ESP - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 77.96 ($1.05) and last traded at GBX 78.10 ($1.05), with a volume of 996024 shares changing hands. The stock had previously closed at GBX 79.50 ($1.07).

Empiric Student Property Price Performance

The firm has a market cap of £520.13 million, a PE ratio of 18.21, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. The stock has a 50 day simple moving average of GBX 89.88 and a two-hundred day simple moving average of GBX 93.42. The company has a debt-to-equity ratio of 53.27, a quick ratio of 1.06 and a current ratio of 1.45.

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

About Empiric Student Property

(Get Free Report)

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.

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