Empiric Student Property (LON:ESP) Hits New 1-Year Low – Should You Sell?

Empiric Student Property Plc (LON:ESP) reached a new 52-week low during trading on Friday . The company traded as low as GBX 82 ($1.03) and last traded at GBX 83.30 ($1.05), with a volume of 2296 shares trading hands. The stock had previously closed at GBX 82.50 ($1.04).

Empiric Student Property Trading Down 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 company has a market cap of £499.10 million, a price-to-earnings ratio of 918.89, a PEG ratio of 2.03 and a beta of 1.05. The firm has a 50 day moving average price of GBX 88.25 and a two-hundred day moving average price of GBX 93.35.

Empiric Student Property Dividend Announcement

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

Insider Activity

In other news, insider Donald Grant acquired 20,876 shares of the firm’s stock in a transaction on Thursday, October 17th. The stock was purchased at an average price of GBX 95 ($1.20) per share, for a total transaction of £19,832.20 ($24,955.58). Also, insider Duncan Garrood bought 25,316 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were purchased at an average cost of GBX 71 ($0.89) per share, for a total transaction of £17,974.36 ($22,617.79). Insiders own 0.34% of the company’s stock.

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.