Unite Group (LON:UTG) Issues Quarterly Earnings Results

Unite Group (LON:UTG) posted its earnings results on Tuesday. The company reported GBX 46.60 ($0.59) EPS for the quarter, Digital Look Earnings reports. Unite Group had a net margin of 79.68% and a return on equity of 6.45%.

Unite Group Stock Down 0.7 %

Shares of LON UTG traded down GBX 6 ($0.08) during mid-day trading on Thursday, reaching GBX 836 ($10.60). 751,974 shares of the company traded hands, compared to its average volume of 1,035,944. The company’s fifty day moving average is GBX 832.79 and its two-hundred day moving average is GBX 883.28. Unite Group has a fifty-two week low of GBX 780.50 ($9.90) and a fifty-two week high of GBX 1,003 ($12.72). 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 stock has a market cap of £4.06 billion, a PE ratio of 13.46, a price-to-earnings-growth ratio of 3.20 and a beta of 1.24.

About Unite Group

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.