UNITE Group (OTCMKTS:UTGPF) Upgraded at Zacks Research

Zacks Research upgraded shares of UNITE Group (OTCMKTS:UTGPF) to a hold rating in a report released on Tuesday,Zacks.com reports.

Separately, Barclays cut UNITE Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

UNITE Group Stock Performance

OTCMKTS UTGPF opened at $6.35 on Tuesday. The business has a 50 day simple moving average of $6.84 and a 200 day simple moving average of $7.38. UNITE Group has a one year low of $6.08 and a one year high of $11.90. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.27.

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. Following our successful £1.4bn acquisition of Liberty Living's UK assets in November 2019, we now provide homes to 76,000 students across 177 properties in 27 leading university towns and cities. Our people are driven by a common purpose: to provide a 'Home for Success' for the students who live with us and to be the most trusted brand in the sector.