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Unite Group (LON:UTG) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

Unite Group logo with Real Estate background

Unite Group PLC (LON:UTG - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 834.02 ($11.32) and traded as high as GBX 846 ($11.48). Unite Group shares last traded at GBX 841.94 ($11.42), with a volume of 1,905,664 shares.

Unite Group Stock Performance

The company has a debt-to-equity ratio of 38.76, a current ratio of 1.58 and a quick ratio of 0.73. The business has a 50 day moving average price of GBX 842.22 and a 200 day moving average price of GBX 834.02. The stock has a market capitalization of £4.01 billion, a PE ratio of 13.32, a PEG ratio of 3.20 and a beta of 1.24.

About Unite Group

(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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