Unite Group (LON:UTG) Hits New 1-Year Low - Should You 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.

Shares of Unite Group PLC (LON:UTG - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 750 ($9.96) and last traded at GBX 753.50 ($10.01), with a volume of 1087401 shares changing hands. The stock had previously closed at GBX 764.50 ($10.15).

Unite Group Stock Up 0.9%

The company has a quick ratio of 0.73, a current ratio of 1.58 and a debt-to-equity ratio of 38.76. The business has a 50-day moving average price of GBX 822.90 and a 200-day moving average price of GBX 831.96. The firm has a market capitalization of £3.65 billion, a PE ratio of 12.10, a price-to-earnings-growth ratio of 3.20 and a beta of 1.24.

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

Unite Group Company Profile

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.