Unite Group (LON:UTG) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Unite Group PLC (LON:UTG) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 845.01 ($11.20) and traded as high as GBX 876 ($11.61). Unite Group shares last traded at GBX 875 ($11.59), with a volume of 1,434,725 shares.

Unite Group Trading Up 1.7 %

The company has a current ratio of 1.58, a quick ratio of 0.73 and a debt-to-equity ratio of 38.76. The company has a fifty day moving average price of GBX 828.95 and a two-hundred day moving average price of GBX 845.01. The firm has a market capitalization of £4.25 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 3.20 and a beta of 1.24.

Unite Group (LON:UTG) last issued its earnings results on Tuesday, February 25th. The company reported GBX 46.60 ($0.62) earnings per share (EPS) for the quarter. Unite Group had a return on equity of 6.45% and a net margin of 79.68%. As a group, research analysts forecast that Unite Group PLC will post 47.9341004 earnings per share for the current fiscal year.

Unite Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, April 17th will be given a dividend of GBX 24.90 ($0.33) per share. This is a boost from Unite Group’s previous dividend of $12.40. This represents a yield of 3.06%. The ex-dividend date of this dividend is Thursday, April 17th. Unite Group’s dividend payout ratio (DPR) is presently 57.98%.

Unite Group Company Profile

Unite Students is the UK’s largest owner, manager and developer of purpose-built student accommodation, serving the country’s world-leading Higher Education sector. We provide homes to 70,000 students across 157 properties in 23 leading university towns and cities. We currently partner with over 60 universities across the UK.