Unite Group (LON:UTG) Issues Earnings Results

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

Unite Group Trading Up 0.4 %

Unite Group stock opened at GBX 859.50 ($10.85) on Tuesday. The stock has a market cap of £4.17 billion, a P/E ratio of 13.84, a P/E/G ratio of 3.20 and a beta of 1.24. The company’s fifty day simple moving average is GBX 830.94 and its 200-day simple moving average is GBX 884.37. Unite Group has a 12 month low of GBX 780.50 ($9.85) and a 12 month high of GBX 1,003 ($12.66). The company has a quick ratio of 0.73, a current ratio of 1.58 and a debt-to-equity ratio of 38.76.

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.