Empiric Student Property (LON:ESP) Sets New 1-Year Low - What's Next?

Empiric Student Property Plc (LON:ESP - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 87.10 ($1.10) and last traded at GBX 87.25 ($1.10), with a volume of 241431 shares. The stock had previously closed at GBX 89 ($1.12).

Empiric Student Property Price Performance

The company's fifty day moving average price is GBX 95.66 and its 200 day moving average price is GBX 94.76. The company has a quick ratio of 1.06, a current ratio of 1.45 and a debt-to-equity ratio of 53.27. The company has a market capitalization of £529.88 million, a P/E ratio of 969.78, a PEG ratio of 2.03 and a beta of 1.05.

Empiric Student Property Announces Dividend

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

Insider Buying and Selling at Empiric Student Property

In other news, insider Duncan Garrood acquired 25,316 shares of Empiric Student Property stock in a transaction on Thursday, November 14th. The stock was acquired at an average cost of GBX 71 ($0.89) per share, with a total value of £17,974.36 ($22,652.00). Also, insider Donald Grant bought 20,876 shares of the company's stock in a transaction on Thursday, October 17th. The shares were purchased at an average cost of GBX 95 ($1.20) per share, for a total transaction of £19,832.20 ($24,993.32). Insiders own 0.34% of the company's stock.

Empiric Student Property Company Profile

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.