Empiric Student Property (LON:ESP) Hits New 1-Year Low – Here’s What Happened

Shares of Empiric Student Property Plc (LON:ESP) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 78.10 ($1.01) and last traded at GBX 78.10 ($1.01), with a volume of 357604 shares changing hands. The stock had previously closed at GBX 79.60 ($1.03).

Empiric Student Property Trading Up 2.5 %

The company’s 50-day moving average is GBX 82.60 and its 200 day moving average is GBX 89.16. The company has a quick ratio of 1.06, a current ratio of 1.45 and a debt-to-equity ratio of 53.27. The company has a market cap of £540.53 million, a price-to-earnings ratio of 9.16, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05.

About Empiric Student Property

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.