Empiric Student Property (LON:ESP) Sets New 52-Week Low – Should You Sell?

Empiric Student Property Plc (LON:ESP) shares hit a new 52-week low during trading on Monday . The stock traded as low as GBX 83.80 ($1.07) and last traded at GBX 84.30 ($1.07), with a volume of 134849 shares. The stock had previously closed at GBX 84.70 ($1.08).

Empiric Student Property Trading Up 0.7 %

The company has a market cap of £503.93 million, a price-to-earnings ratio of 921.11, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. The firm has a 50-day moving average price of GBX 90.74 and a 200 day moving average price of GBX 93.83. The company has a current ratio of 1.45, a quick ratio of 1.06 and a debt-to-equity ratio of 53.27.

Empiric Student Property Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 21st were given a dividend of GBX 0.88 ($0.01) per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 0.96%. Empiric Student Property’s dividend payout ratio is currently 4,444.44%.

Insider Activity at Empiric Student Property

In other Empiric Student Property news, insider Donald Grant purchased 20,876 shares of Empiric Student Property stock in a transaction on Thursday, October 17th. The stock was bought at an average price of GBX 95 ($1.21) per share, for a total transaction of £19,832.20 ($25,212.56). Also, insider Duncan Garrood purchased 25,316 shares of Empiric Student Property stock in a transaction on Thursday, November 14th. The shares were acquired at an average price of GBX 71 ($0.90) per share, with a total value of £17,974.36 ($22,850.70). Insiders own 0.34% of the company’s stock.

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.