Empiric Student Property (LON:ESP) Shares Pass Above Fifty Day Moving Average – What’s Next?

Shares of Empiric Student Property Plc (LON:ESP) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 92.09 ($1.25) and traded as high as GBX 105.60 ($1.44). Empiric Student Property shares last traded at GBX 102.74 ($1.40), with a volume of 9,452,104 shares trading hands.

Empiric Student Property Stock Down 0.7%

The business has a fifty day moving average price of GBX 92.09 and a two-hundred day moving average price of GBX 86.36. The company has a debt-to-equity ratio of 53.27, a current ratio of 1.45 and a quick ratio of 1.06. The firm has a market capitalization of £677.31 million, a price-to-earnings ratio of 11.48, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05.

Empiric Student Property (LON:ESP) last announced its quarterly earnings data on Friday, March 14th. The company reported GBX 4 ($0.05) earnings per share for the quarter. Empiric Student Property had a return on equity of 7.23% and a net margin of 65.69%. On average, equities analysts expect that Empiric Student Property Plc will post 5.330033 earnings per share for the current year.

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.