Unite Group (LON:UTG) Hits New 1-Year Low - Time to Sell?

Key Points

• Unite Group PLC's stock price reached a new 52-week low of GBX 750 ($9.94) during trading, closing at GBX 753.50 ($9.99).
• The company reported a quarterly earnings per share (EPS) of GBX 38 ($0.50) and has a net margin of 79.68%.
• Unite Group is the UK's largest owner and manager of purpose-built student accommodation, catering to approximately 70,000 students across 157 properties.

Unite Group PLC (LON:UTG - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 750 ($9.95) and last traded at GBX 753.50 ($10.00), with a volume of 1087401 shares. The stock had previously closed at GBX 764.50 ($10.15).

Unite Group Stock Down 0.5%

The company has a debt-to-equity ratio of 38.76, a current ratio of 1.58 and a quick ratio of 0.73. The business's fifty day simple moving average is GBX 822.90 and its two-hundred day simple moving average is GBX 831.88. 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.

Unite Group (LON:UTG - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported GBX 38 ($0.50) earnings per share for the quarter. Unite Group had a net margin of 79.68% and a return on equity of 6.45%. On average, analysts predict that Unite Group PLC will post 47.9341004 earnings per share for the current year.

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.