Unite Group (LON:UTG) Releases Earnings Results

Key Points

• Unite Group reported a quarterly EPS of GBX 38 ($0.51) with a net margin of 79.68% and a return on equity of 6.45%.
• As of Tuesday, the company's stock has a market capitalization of £3.74 billion and is trading at GBX 771 ($10.30), down 1.9% from the previous day.
• Unite Students, a subsidiary of Unite Group, is the UK's largest provider of purpose-built student accommodation, serving 70,000 students across 157 properties in 23 cities.

Unite Group (LON:UTG - Get Free Report) issued its earnings results on Tuesday. The company reported GBX 38 ($0.50) earnings per share for the quarter, Digital Look Earnings reports. Unite Group had a return on equity of 6.45% and a net margin of 79.68%.

Unite Group Price Performance

Shares of Unite Group stock traded down GBX 4 ($0.05) during trading hours on Friday, hitting GBX 744.50 ($9.88). The company's stock had a trading volume of 1,150,091 shares, compared to its average volume of 2,312,102. Unite Group has a 12-month low of GBX 738.50 ($9.80) and a 12-month high of GBX 1,003 ($13.31). The company has a market cap of £3.61 billion, a PE ratio of 11.99, a PEG ratio of 3.20 and a beta of 1.24. The company has a debt-to-equity ratio of 38.76, a quick ratio of 0.73 and a current ratio of 1.58. The business has a 50 day moving average price of GBX 824.19 and a two-hundred day moving average price of GBX 832.18.

About Unite Group

Unite Students is the UK's largest owner, manager and developer of purpose-built student accommodation, serving the country's world-leading Higher Education sector. We provide homes to 70,000 students across 157 properties in 23 leading university towns and cities. We currently partner with over 60 universities across the UK.