Shares of Unite Group PLC (LON:UTG - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 931.44 ($12.09) and traded as high as GBX 947 ($12.30). Unite Group shares last traded at GBX 920 ($11.94), with a volume of 685,990 shares trading hands.
Analysts Set New Price Targets
UTG has been the subject of a number of analyst reports. Berenberg Bank reissued a "hold" rating and set a GBX 1,052 ($13.66) target price on shares of Unite Group in a research note on Thursday, August 22nd. JPMorgan Chase & Co. reiterated a "neutral" rating and set a GBX 1,100 ($14.28) price objective on shares of Unite Group in a research report on Thursday, July 25th.
Get Our Latest Report on UTG
Unite Group Stock Down 0.4 %
The company has a debt-to-equity ratio of 38.52, a current ratio of 1.58 and a quick ratio of 0.73. The firm has a market capitalization of £4.48 billion, a P/E ratio of 1,488.52, a PEG ratio of 3.20 and a beta of 1.24. The firm's fifty day moving average price is GBX 949.36 and its 200-day moving average price is GBX 931.04.
Insider Buying and Selling at Unite Group
In other Unite Group news, insider Joe Lister purchased 2,777 shares of the business's stock in a transaction on Friday, July 26th. The stock was bought at an average cost of GBX 900 ($11.69) per share, with a total value of £24,993 ($32,450.01). 0.30% of the stock is currently owned by corporate insiders.
Unite Group Company Profile
(
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Unite Group PLC, owns, manages, and develops purpose-built student accommodation facilities for the higher education sector in the United Kingdom. The company operates through Operations and Property segments. It manages rental properties, as well as offers asset management services. The company was founded in 1991 and is headquartered in Bristol, England.
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