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

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

Empiric Student Property Trading Up 0.7 %

The company has a quick ratio of 1.06, a current ratio of 1.45 and a debt-to-equity ratio of 53.27. The firm 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 business has a 50 day moving average of GBX 90.74 and a 200 day moving average of GBX 93.83.

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 paid a dividend of GBX 0.88 ($0.01) per share. This represents a dividend yield of 0.96%. The ex-dividend date was Thursday, November 21st. Empiric Student Property’s payout ratio is currently 4,444.44%.

Insiders Place Their Bets

In other news, insider Duncan Garrood acquired 25,316 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were bought at an average cost of GBX 71 ($0.90) per share, for a total transaction of £17,974.36 ($22,850.70). Also, insider Donald Grant acquired 20,876 shares of the business’s stock in a transaction dated Thursday, October 17th. The stock was purchased at an average price of GBX 95 ($1.21) per share, for a total transaction of £19,832.20 ($25,212.56). 0.34% of the stock is owned by corporate 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.