Empiric Student Property (LON:ESP) Trading Down 0.7% – Time to Sell?

Empiric Student Property Plc (LON:ESP)’s share price dropped 0.7% during trading on Friday . The company traded as low as GBX 84.50 ($1.07) and last traded at GBX 84.70 ($1.07). Approximately 513,430 shares were traded during trading, a decline of 62% from the average daily volume of 1,361,300 shares. The stock had previously closed at GBX 85.30 ($1.08).

Empiric Student Property Stock Down 0.7 %

The company has a current ratio of 1.45, a quick ratio of 1.06 and a debt-to-equity ratio of 53.27. The company has a market capitalization of £511.17 million, a PE ratio of 941.11, a PEG ratio of 2.03 and a beta of 1.05. The business has a fifty day moving average of GBX 91.04 and a 200 day moving average of GBX 93.88.

Empiric Student Property Dividend Announcement

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

Insider Buying and Selling

In related news, insider Duncan Garrood bought 25,316 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average cost of GBX 71 ($0.90) per share, for a total transaction of £17,974.36 ($22,686.31). Also, insider Donald Grant purchased 20,876 shares of the business’s stock in a transaction on Thursday, October 17th. The shares were bought at an average price of GBX 95 ($1.20) per share, for a total transaction of £19,832.20 ($25,031.18). 0.34% of the stock is owned by insiders.

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.