Empiric Student Property (LON:ESP) Shares Down 6.8% - Time to Sell?

Key Points

• Empiric Student Property Plc experienced a significant decline of 6.8% in shares, trading at GBX 83.90 after reaching a low of GBX 83.70.
• The company reported a P/E ratio of 1,951.16 and a net margin of 65.69%, indicating challenges in valuation despite profitable margins.
• Analysts predict an earnings per share of 5.33 for the current year, following a recent quarterly report of GBX 2.20 EPS.

Empiric Student Property Plc (LON:ESP - Get Free Report) fell 6.8% during trading on Wednesday . The company traded as low as GBX 83.70 ($1.12) and last traded at GBX 83.90 ($1.12). 2,689,699 shares were traded during trading, a decline of 10% from the average session volume of 2,981,547 shares. The stock had previously closed at GBX 90 ($1.21).

Empiric Student Property Trading Down 6.8%

The company has a quick ratio of 1.06, a current ratio of 1.45 and a debt-to-equity ratio of 53.27. The company has a fifty day simple moving average of GBX 92.09 and a two-hundred day simple moving average of GBX 93.46. The stock has a market capitalization of £557.25 million, a P/E ratio of 1,951.16, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05.

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%. On average, sell-side analysts expect that Empiric Student Property Plc will post 5.330033 earnings per share for the current year.

About Empiric Student Property

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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