Unite Group (LON:UTG) Sets New 1-Year Low - What's Next?

Key Points

• Unite Group PLC's shares hit a new 52-week low at GBX 779.43 ($10.53) during trading, closing slightly lower at GBX 780.50 ($10.54) with a volume of 515,535 shares.
• The company has a market cap of £3.80 billion, a PE ratio of 12.60, and a debt-to-equity ratio of 38.76, indicating its financial health amidst recent trading declines.
• Unite Students, a segment of Unite Group, is the UK’s largest provider of purpose-built student accommodation, serving 70,000 students across 157 properties in partnership with over 60 universities.

Shares of Unite Group PLC (LON:UTG - ) reached a new 52-week low during trading on Friday . The company traded as low as GBX 779.43 ($10.53) and last traded at GBX 780.50 ($10.54), with a volume of 515535 shares. The stock had previously closed at GBX 786 ($10.62).

Unite Group Trading Down 0.4%

The stock has a market cap of £3.80 billion, a PE ratio of 12.60, a P/E/G ratio of 3.20 and a beta of 1.24. The business's fifty day moving average is GBX 829.99 and its 200 day moving average is GBX 833.38. The company has a quick ratio of 0.73, a current ratio of 1.58 and a debt-to-equity ratio of 38.76.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.