Empiric Student Property (LON:ESP) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Empiric Student Property Plc (LON:ESP - Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 83.89 ($1.12) and traded as high as GBX 90.20 ($1.20). Empiric Student Property shares last traded at GBX 89.60 ($1.19), with a volume of 722,781 shares traded.

Empiric Student Property Stock Performance

The firm has a 50 day moving average price of GBX 84.30 and a two-hundred day moving average price of GBX 85.66. The company has a market capitalization of £610.99 million, a P/E ratio of 10.36, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. 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 released its earnings results on Friday, March 14th. The company reported GBX 4 ($0.05) EPS for the quarter. Empiric Student Property had a return on equity of 7.23% and a net margin of 65.69%. On average, research analysts expect that Empiric Student Property Plc will post 5.330033 earnings per share for the current fiscal year.

Empiric Student Property Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 11th. Investors of record on Thursday, March 27th were paid a GBX 1.08 ($0.01) dividend. This is an increase from Empiric Student Property's previous dividend of $0.88. The ex-dividend date of this dividend was Thursday, March 27th. This represents a yield of 1.32%. Empiric Student Property's dividend payout ratio is presently 44.92%.

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.