Unite Group (LON:UTG) Sets New 12-Month Low - Should You Sell?

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.

Unite Group PLC (LON:UTG - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 779.43 ($10.41) and last traded at GBX 780.50 ($10.43), with a volume of 515535 shares changing hands. The stock had previously closed at GBX 786 ($10.50).

Unite Group Stock Performance

The stock has a market cap of £3.71 billion, a price-to-earnings ratio of 12.31, a PEG ratio of 3.20 and a beta of 1.24. The company's 50 day simple moving average is GBX 827.98 and its 200 day simple moving average is GBX 833.49. The company has a debt-to-equity ratio of 38.76, a quick ratio of 0.73 and a current ratio of 1.58.

Unite Group (LON:UTG - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported GBX 38 ($0.51) EPS for the quarter. Unite Group had a return on equity of 6.45% and a net margin of 79.68%. On average, equities research analysts anticipate that Unite Group PLC will post 47.9341004 earnings per share for the current 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.