Empiric Student Property (LON:ESP) Stock Price Passes Below 50 Day Moving Average of $92.15

Empiric Student Property Plc (LON:ESP)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 92.15 ($1.15) and traded as low as GBX 87.60 ($1.09). Empiric Student Property shares last traded at GBX 88.10 ($1.10), with a volume of 628,155 shares trading hands.

Empiric Student Property Price Performance

The company has a 50-day moving average of GBX 92.15 and a 200-day moving average of GBX 91.80. The company has a debt-to-equity ratio of 48.73, a quick ratio of 1.06 and a current ratio of 0.61. The firm has a market capitalization of £535.85 million, a price-to-earnings ratio of 978.89, a price-to-earnings-growth ratio of 2.03 and a beta of 1.00.

Empiric Student Property Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, April 19th. Shareholders of record on Thursday, April 4th will be paid a GBX 0.94 ($0.01) dividend. This represents a yield of 1%. The ex-dividend date is Thursday, April 4th. Empiric Student Property’s payout ratio is currently 4,444.44%.

About Empiric Student Property

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.