Unite Group (LON:UTG) Releases Earnings Results

Unite Group (LON:UTG) issued its 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 Price Performance

Shares of LON UTG opened at GBX 859.50 ($10.85) on Tuesday. The business has a 50 day simple moving average of GBX 830.94 and a 200-day simple moving average of GBX 884.37. The company has a current ratio of 1.58, a quick ratio of 0.73 and a debt-to-equity ratio of 38.76. Unite Group has a twelve month low of GBX 780.50 ($9.85) and a twelve month high of GBX 1,003 ($12.66). The company has a market capitalization of £4.17 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 3.20 and a beta of 1.24.

Unite Group Company Profile

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.