Shares of Unite Group PLC (LON:UTG - Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 844.50 ($10.87) and last traded at GBX 845.50 ($10.88), with a volume of 1543779 shares changing hands. The stock had previously closed at GBX 855 ($11.00).
Analysts Set New Price Targets
Several research firms have issued reports on UTG. Berenberg Bank reissued a "hold" rating and set a GBX 1,052 ($13.54) target price on shares of Unite Group in a research note on Thursday, August 22nd. JPMorgan Chase & Co. restated a "neutral" rating and issued a GBX 1,100 ($14.16) price objective on shares of Unite Group in a report on Thursday, July 25th.
Read Our Latest Report on Unite Group
Unite Group Price Performance
The company has a market capitalization of £4.10 billion, a PE ratio of 1,374.59, a price-to-earnings-growth ratio of 3.20 and a beta of 1.24. 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 stock's 50 day simple moving average is GBX 924.29 and its 200-day simple moving average is GBX 924.72.
About Unite Group
(
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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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