Shares of Unite Group PLC (LON:UTG – Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 780.50 ($9.53) and last traded at GBX 794 ($9.69), with a volume of 1228390 shares changing hands. The stock had previously closed at GBX 795.50 ($9.71).
Unite Group Price Performance
The company has a debt-to-equity ratio of 38.52, a quick ratio of 0.73 and a current ratio of 1.58. The company has a 50-day moving average of GBX 837.24 and a 200-day moving average of GBX 902.02. The stock has a market capitalization of £3.87 billion, a price-to-earnings ratio of 1,298.74, a P/E/G ratio of 3.20 and a beta of 1.24.
Insiders Place Their Bets
In other news, insider Michael Burt purchased 11,874 shares of the stock in a transaction dated Thursday, November 14th. The stock was acquired at an average cost of GBX 838 ($10.23) per share, for a total transaction of £99,504.12 ($121,494.65). 0.30% of the stock is currently owned by company insiders.
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.
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