Empiric Student Property (LON:ESP) Sets New 1-Year Low – What’s Next?

Empiric Student Property Plc (LON:ESP)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 78.10 ($1.01) and last traded at GBX 80 ($1.04), with a volume of 1987574 shares trading hands. The stock had previously closed at GBX 83.70 ($1.09).

Empiric Student Property Price Performance

The firm has a market capitalization of £529.26 million, a price-to-earnings ratio of 8.97, a P/E/G ratio of 2.03 and a beta of 1.05. The company’s 50 day moving average is GBX 82.57 and its 200 day moving average is GBX 88.79. The company has a quick ratio of 1.06, a current ratio of 1.45 and a debt-to-equity ratio of 53.27.

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.