Empiric Student Property (LON:ESP) Hits New 12-Month Low – What’s Next?

Empiric Student Property Plc (LON:ESP)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 87.10 ($1.11) and last traded at GBX 87.25 ($1.11), with a volume of 241431 shares trading hands. The stock had previously closed at GBX 89 ($1.13).

Empiric Student Property Trading Down 0.3 %

The company has a market capitalization of £523.54 million, a PE ratio of 966.67, a PEG ratio of 2.03 and a beta of 1.05. The company has a fifty day simple moving average of GBX 95.24 and a 200-day simple moving average of GBX 94.68. The company has a current ratio of 1.45, a quick ratio of 1.06 and a debt-to-equity ratio of 53.27.

Empiric Student Property Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, November 21st will be given a dividend of GBX 0.88 ($0.01) per share. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 0.96%. Empiric Student Property’s payout ratio is 4,444.44%.

Insiders Place Their Bets

In other Empiric Student Property news, insider Donald Grant purchased 20,876 shares of the firm’s stock in a transaction dated Thursday, October 17th. The shares were acquired at an average price of GBX 95 ($1.21) per share, with a total value of £19,832.20 ($25,167.77). Also, insider Duncan Garrood purchased 25,316 shares of the stock in a transaction dated Thursday, November 14th. The shares were acquired at an average price of GBX 71 ($0.90) per share, with a total value of £17,974.36 ($22,810.10). 0.34% of the stock is owned by insiders.

About Empiric Student Property

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.