Empiric Student Property (LON:ESP) Trading Down 6.8% - What's Next?

Key Points

• Empiric Student Property's shares fell by 6.8% on Thursday, dropping to a low of GBX 83.70 ($1.12), amid lower trading volume compared to average.
• The company reported a net margin of 65.69% and a return on equity of 7.23% in its latest earnings results, with expectations for EPS of 5.33 for the current fiscal year.
• Empiric Student Property is an internally managed REIT focused on premium student accommodation serving key UK universities, operating through its Hello Student® platform.

Empiric Student Property Plc (LON:ESP - Get Free Report) shares dropped 6.8% on Thursday . The stock traded as low as GBX 83.70 ($1.12) and last traded at GBX 83.90 ($1.12). Approximately 2,689,699 shares changed hands 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 Trading Down 1.1%

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 business's 50-day moving average is GBX 92.09 and its two-hundred day moving average is GBX 93.46. The firm has a market cap of £551.94 million, a P/E ratio of 1,932.56, a P/E/G ratio of 2.03 and a beta of 1.05.

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