Unite Group (LON:UTG) Releases Earnings Results

Unite Group (LON:UTG) issued its quarterly earnings results on Tuesday. The company reported GBX 38 ($0.51) EPS for the quarter, Digital Look Earnings reports. Unite Group had a return on equity of 6.45% and a net margin of 79.68%.

Unite Group Price Performance

Shares of LON:UTG opened at GBX 754 ($10.07) on Wednesday. The company has a 50-day moving average price of GBX 827.98 and a two-hundred day moving average price of GBX 833.49. Unite Group has a twelve month low of GBX 752.50 ($10.05) and a twelve month high of GBX 1,003 ($13.39). The company has a quick ratio of 0.73, a current ratio of 1.58 and a debt-to-equity ratio of 38.76. The firm has a market capitalization of £3.66 billion, a PE ratio of 12.14, a P/E/G ratio of 3.20 and a beta of 1.24.

About Unite Group

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.