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Unite Group (LON:UTG) Shares Pass Above 200 Day Moving Average - Should You Sell?

Unite Group logo with Real Estate background

Shares of Unite Group PLC (LON:UTG - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 834.47 ($11.33) and traded as high as GBX 863.50 ($11.73). Unite Group shares last traded at GBX 854.54 ($11.60), with a volume of 803,146 shares changing hands.

Unite Group Price Performance

The company has a current ratio of 1.58, a quick ratio of 0.73 and a debt-to-equity ratio of 38.76. The business has a 50-day moving average of GBX 839.24 and a 200 day moving average of GBX 834.47. The firm has a market capitalization of £4.06 billion, a PE ratio of 13.48, a price-to-earnings-growth ratio of 3.20 and a beta of 1.24.

Unite Group Company Profile

(Get Free Report)

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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