Empiric Student Property (LON:ESP) Shares Pass Below 50-Day Moving Average of $92.31

Empiric Student Property Plc (LON:ESP) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 92.31 ($1.17) and traded as low as GBX 91.90 ($1.17). Empiric Student Property shares last traded at GBX 91.90 ($1.17), with a volume of 786,814 shares changing hands.

Empiric Student Property Stock Up 0.6 %

The company has a market cap of £557.99 million, a PE ratio of 1,021.11, a price-to-earnings-growth ratio of 2.03 and a beta of 1.01. The company has a fifty day moving average of GBX 92.31 and a two-hundred day moving average of GBX 92.74. The company has a debt-to-equity ratio of 48.73, a quick ratio of 1.06 and a current ratio of 0.61.

Empiric Student Property Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 13th will be paid a GBX 0.88 ($0.01) dividend. This represents a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, June 13th. Empiric Student Property’s dividend payout ratio is currently 4,444.44%.

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.