Unite Group (LON:UTG) Sets New 1-Year Low – Here’s Why

Unite Group PLC (LON:UTGGet Free Report)’s stock price reached a new 52-week low on Friday . The stock traded as low as GBX 779.43 ($10.47) and last traded at GBX 780.50 ($10.49), with a volume of 515535 shares traded. The stock had previously closed at GBX 786 ($10.56).

Unite Group Trading Up 0.3%

The company has a debt-to-equity ratio of 38.76, a current ratio of 1.58 and a quick ratio of 0.73. The company’s 50 day moving average price is GBX 828.72 and its two-hundred day moving average price is GBX 832.98. The stock has a market capitalization of £3.82 billion, a PE ratio of 12.69, a P/E/G ratio of 3.20 and a beta of 1.24.

About Unite Group

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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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