Empiric Student Property (LON:ESP) Hits New 52-Week Low – Time to Sell?

Shares of Empiric Student Property Plc (LON:ESP) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 77.11 and last traded at GBX 77.28, with a volume of 236141 shares changing hands. The stock had previously closed at GBX 77.92.

Empiric Student Property Stock Performance

The company’s 50 day simple moving average is GBX 86.47 and its 200 day simple moving average is GBX 93.01. The company has a debt-to-equity ratio of 53.27, a current ratio of 1.45 and a quick ratio of 1.06. The firm has a market cap of £520.06 million, a price-to-earnings ratio of 18.21, a P/E/G ratio of 2.03 and a beta of 1.05.

Empiric Student Property (LON:ESP) last announced its quarterly earnings data on Thursday, August 14th. The company reported GBX 2.20 earnings per share (EPS) for the quarter. Empiric Student Property had a return on equity of 7.23% and a net margin of 65.69%. As a group, research analysts expect that Empiric Student Property Plc will post 5.330033 earnings per share for the current fiscal year.

Empiric Student Property Company Profile

Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation serving key UK universities.
Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student® operating platform, that is attractive to affluent growing student segments.
The Company, an internally managed real estate investment trust (“REIT”) incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.