Empiric Student Property (LON:ESP) Stock Price Passes Below 50-Day Moving Average of $92.14

Empiric Student Property Plc (LON:ESP) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 92.14 ($1.14) and traded as low as GBX 88.45 ($1.09). Empiric Student Property shares last traded at GBX 89.70 ($1.11), with a volume of 656,331 shares.

Empiric Student Property Stock Up 0.4 %

The company has a quick ratio of 1.06, a current ratio of 0.61 and a debt-to-equity ratio of 48.73. The company has a market cap of £543.70 million, a P/E ratio of 996.67, a price-to-earnings-growth ratio of 2.03 and a beta of 1.00. The company has a fifty day moving average of GBX 92.14 and a 200 day moving average of GBX 91.92.

Empiric Student Property Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 19th. Investors of record on Thursday, April 4th were issued a GBX 0.94 ($0.01) dividend. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Thursday, April 4th. Empiric Student Property’s 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.