Empiric Student Property (LON:ESP) Share Price Crosses Below Fifty Day Moving Average - Should You Sell?

Key Points

• Empiric Student Property Plc shares fell below their fifty-day moving average of GBX 93.06, trading as low as GBX 91.80, with the most recent price at GBX 92.60.
• The company reported earnings per share of GBX 2.20 in its last quarterly results and has a projected 5.33 EPS for the current year.
• Empiric Student Property operates as an internally managed real estate investment trust (REIT), focusing on premium student accommodation in the UK.

Shares of Empiric Student Property Plc (LON:ESP - Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 93.06 ($1.25) and traded as low as GBX 91.80 ($1.23). Empiric Student Property shares last traded at GBX 92.60 ($1.25), with a volume of 1,584,926 shares traded.

Empiric Student Property Price Performance

The company has a current ratio of 1.45, a quick ratio of 1.06 and a debt-to-equity ratio of 53.27. The stock has a market capitalization of £612.37 million, a price-to-earnings ratio of 2,144.19, a PEG ratio of 2.03 and a beta of 1.05. The stock has a 50-day moving average price of GBX 93.06 and a 200 day moving average price of GBX 93.20.

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

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