Unite Group (LON:UTG) Releases Quarterly Earnings Results

Unite Group (LON:UTG) posted its quarterly earnings data on Tuesday. The company reported GBX 46.60 ($0.59) earnings per share (EPS) 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 Stock Performance

LON:UTG traded down GBX 3 ($0.04) during mid-day trading on Thursday, reaching GBX 839 ($10.64). 1,095,312 shares of the stock were exchanged, compared to its average volume of 1,044,318. The company has a quick ratio of 0.73, a current ratio of 1.58 and a debt-to-equity ratio of 38.76. Unite Group has a 1 year low of GBX 780.50 ($9.90) and a 1 year high of GBX 1,003 ($12.72). The company has a 50 day simple moving average of GBX 832.79 and a 200-day simple moving average of GBX 883.28. The stock has a market capitalization of £4.07 billion, a P/E ratio of 13.51, a P/E/G ratio of 3.20 and a beta of 1.24.

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.