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Empiric Student Property (LON:ESP) Trading Down 6.8% - Should You Sell?

Empiric Student Property logo with Real Estate background

Key Points

  • Empiric Student Property's share price fell by 6.8% on Wednesday, trading as low as GBX 83.70.
  • The company has a market capitalization of £557.25 million and reported earnings of GBX 2.20 per share in its latest quarterly results.
  • Empiric operates as a real estate investment trust focusing on premium student accommodation across key UK universities.
  • MarketBeat previews the top five stocks to own by November 1st.

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

Empiric Student Property Price Performance

The stock has a market capitalization of £557.25 million, a PE ratio of 1,951.16, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. The stock's 50 day moving average is GBX 92.09 and its two-hundred day moving average is GBX 93.46. 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 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%. On average, equities analysts anticipate that Empiric Student Property Plc will post 5.330033 EPS for the current fiscal 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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