Highlights
- Empiric Student Property plc (LON:ESP) specializes in premium student accommodation across key UK university cities.
- The company's stock has recently traded below its 50-day moving average, indicating a notable shift in its trading pattern.
- Key financial metrics include a market capitalization of approximately £545.16 million and a price-to-earnings ratio of 9.24.
Overview of Empiric Student Property plc
Empiric Student Property plc, listed on the London Stock Exchange under the ticker LON:ESP, focuses on providing premium, studio-led student accommodation in prominent UK university cities. The company operates primarily through its "Hello Student®" platform, catering to a diverse student population seeking high-quality living spaces. By investing in both operational and development assets, Empiric aims to meet the growing demand for modern student housing solutions.
Recent Stock Performance
As of recent trading sessions, Empiric's stock has experienced movements below its 50-day moving average. Specifically, on a recent Friday, the stock traded as low as GBX 80, with a 50-day moving average of GBX 82.78. The shares last traded at GBX 82.30, with a trading volume of 4,877,045 shares.
Financial Metrics
Empiric Student Property plc maintains a market capitalization of approximately £545.16 million. The company's price-to-earnings (P/E) ratio stands at 9.24, and the price-to-earnings-growth (PEG) ratio is 2.03. The beta value, indicating the stock's volatility relative to the market, is 1.05. Liquidity ratios include a quick ratio of 1.06 and a current ratio of 1.45, reflecting the company's ability to meet short-term obligations. The debt-to-equity ratio is reported at 53.27, indicating the proportion of shareholders' equity and debt used to finance the company's assets.
Dividend Information
Empiric has a history of dividend distributions. The company announced a dividend of GBX 0.88 per share, which was paid on December 6th to shareholders of record on November 21st. This dividend represents a yield of approximately 0.96%. The ex-dividend date was November 21st.
Insider Transactions
Notable insider transactions include the purchase of 25,316 shares by insider Duncan Garrood on November 14th. The shares were acquired at an average price of GBX 71 per share, amounting to a total transaction value of £17,974.36. Insiders currently own approximately 0.34% of the company's stock.