Unite Group PLC (LON:UTG - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 843.58 ($11.26) and traded as high as GBX 877 ($11.71). Unite Group shares last traded at GBX 860.50 ($11.49), with a volume of 2,460,702 shares trading hands.
Unite Group Stock Performance
The firm has a market cap of £4.20 billion, a PE ratio of 13.94, a PEG ratio of 3.20 and a beta of 1.24. The firm's 50 day simple moving average is GBX 831.01 and its 200 day simple moving average is GBX 841.35. The company has a current ratio of 1.58, a quick ratio of 0.73 and a debt-to-equity ratio of 38.76.
Unite Group (LON:UTG - Get Free Report) last posted its earnings results on Tuesday, February 25th. The company reported GBX 46.60 ($0.62) EPS for the quarter. Unite Group had a return on equity of 6.45% and a net margin of 79.68%. On average, research analysts forecast that Unite Group PLC will post 47.9341004 EPS for the current fiscal year.
Unite Group Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, April 17th will be issued a GBX 24.90 ($0.33) dividend. This is a boost from Unite Group's previous dividend of $12.40. The ex-dividend date is Thursday, April 17th. This represents a dividend yield of 3.06%. Unite Group's payout ratio is 57.98%.
About Unite Group
(
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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.
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