Empiric Student Property (LON:ESP) Hits New 52-Week Low – What’s Next?

Empiric Student Property Plc (LON:ESP)’s stock price reached a new 52-week low on Monday . The company traded as low as GBX 83.80 ($1.06) and last traded at GBX 84.30 ($1.06), with a volume of 134849 shares. The stock had previously closed at GBX 84.70 ($1.07).

Empiric Student Property Price Performance

The stock has a market cap of £508.76 million, a price-to-earnings ratio of 941.11, a P/E/G ratio of 2.03 and a beta of 1.05. 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’s fifty day moving average is GBX 91.04 and its two-hundred day moving average is GBX 93.90.

Empiric Student Property Dividend Announcement

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

Insider Buying and Selling

In other Empiric Student Property news, insider Donald Grant bought 20,876 shares of the business’s stock in a transaction that occurred on Thursday, October 17th. The shares were purchased at an average cost of GBX 95 ($1.20) per share, with a total value of £19,832.20 ($25,040.66). Also, insider Duncan Garrood bought 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, for a total transaction of £17,974.36 ($22,694.90). 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.