Unite Group (LON:UTG) Issues Quarterly Earnings Results

Unite Group (LON:UTG) announced its earnings results on Tuesday. The company reported GBX 46.60 ($0.59) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Unite Group had a net margin of 79.68% and a return on equity of 6.45%.

Unite Group Trading Up 0.5 %

Shares of Unite Group stock opened at GBX 860 ($10.85) on Tuesday. Unite Group has a 1 year low of GBX 780.50 ($9.85) and a 1 year high of GBX 1,003 ($12.66). The company has a debt-to-equity ratio of 38.76, a current ratio of 1.58 and a quick ratio of 0.73. The business has a 50 day moving average price of GBX 830.94 and a 200 day moving average price of GBX 884.37. The company has a market capitalization of £4.17 billion, a P/E ratio of 13.85, a P/E/G ratio of 3.20 and a beta of 1.24.

About Unite Group

Unite Students is the UK’s largest owner, manager and developer of purpose-built student accommodation, serving the country’s world-leading Higher Education sector. We provide homes to 70,000 students across 157 properties in 23 leading university towns and cities. We currently partner with over 60 universities across the UK.