Empiric Student Property (LON:ESP) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Empiric Student Property Plc (LON:ESP) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 82.41 ($1.06) and traded as high as GBX 83.30 ($1.08). Empiric Student Property shares last traded at GBX 83 ($1.07), with a volume of 2,427,166 shares.

Empiric Student Property Stock Up 1.2 %

The firm’s fifty day simple moving average is GBX 82.41 and its 200-day simple moving average is GBX 88.12. The company has a market cap of £549.80 million, a PE ratio of 9.32, a P/E/G ratio of 2.03 and a beta of 1.05. The company has a quick ratio of 1.06, a current ratio of 1.45 and a debt-to-equity ratio of 53.27.

Empiric Student Property (LON:ESP) last posted its earnings results on Friday, March 14th. The company reported GBX 4 ($0.05) earnings per share (EPS) for the quarter. Empiric Student Property had a return on equity of 7.23% and a net margin of 65.69%. As a group, equities research analysts expect that Empiric Student Property Plc will post 5.330033 earnings per share for the current fiscal year.

Empiric Student Property Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, March 27th will be given a dividend of GBX 1.08 ($0.01) per share. The ex-dividend date is Thursday, March 27th. This represents a yield of 1.32%. This is a positive change from Empiric Student Property’s previous dividend of $0.88. Empiric Student Property’s dividend payout ratio (DPR) is 44.92%.

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.
The Company, an internally managed real estate investment trust (“REIT”) incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.