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

Unite Group PLC (LON:UTGGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 832.86 ($11.20) and traded as high as GBX 874.50 ($11.76). Unite Group shares last traded at GBX 857.95 ($11.54), with a volume of 3,482,417 shares changing hands.

Unite Group Stock Performance

The company has a debt-to-equity ratio of 38.76, a quick ratio of 0.73 and a current ratio of 1.58. The company has a market capitalization of £4.16 billion, a price-to-earnings ratio of 13.82, a P/E/G ratio of 3.20 and a beta of 1.24. The firm has a 50-day simple moving average of GBX 846.04 and a two-hundred day simple moving average of GBX 832.86.

Unite Group Company Profile

(Get Free Report)

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.

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