Unite Group (LON:UTG) Issues Quarterly Earnings Results

Unite Group (LON:UTG) issued its quarterly earnings results on Tuesday. The company reported GBX 46.60 ($0.59) EPS for the quarter, Digital Look Earnings reports. Unite Group had a net margin of 79.68% and a return on equity of 6.45%.

Unite Group Stock Down 0.4 %

Unite Group stock traded down GBX 3 ($0.04) during midday trading on Thursday, hitting GBX 839 ($10.64). 1,095,312 shares of the company were exchanged, compared to its average volume of 1,044,318. The company has a debt-to-equity ratio of 38.76, a current ratio of 1.58 and a quick ratio of 0.73. Unite Group has a fifty-two week low of GBX 780.50 ($9.90) and a fifty-two week high of GBX 1,003 ($12.72). The company’s fifty day moving average price is GBX 832.79 and its 200-day moving average price is GBX 883.28. The company has a market cap of £4.07 billion, a PE ratio of 13.51, a price-to-earnings-growth 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.