Empiric Student Property (LON:ESP) Stock Price Passes Above 50-Day Moving Average of $97.02

Empiric Student Property Plc (LON:ESP)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 97.02 ($1.30) and traded as high as GBX 98.16 ($1.31). Empiric Student Property shares last traded at GBX 97.90 ($1.31), with a volume of 439,246 shares changing hands.

Empiric Student Property Price Performance

The company has a debt-to-equity ratio of 53.27, a current ratio of 1.45 and a quick ratio of 1.06. The firm has a market cap of £588.37 million, a PE ratio of 1,087.78, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. The firm has a 50-day simple moving average of GBX 97.02 and a 200 day simple moving average of GBX 94.28.

Empiric Student Property Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 20th. Shareholders of record on Thursday, September 5th were given a dividend of GBX 0.88 ($0.01) per share. This represents a yield of 0.89%. The ex-dividend date was Thursday, September 5th. 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.