Empiric Student Property (LON:ESP) Issues Earnings Results

Empiric Student Property (LON:ESP) released its quarterly earnings results on Friday. The company reported GBX 4 ($0.05) EPS for the quarter, Digital Look Earnings reports. Empiric Student Property had a return on equity of 7.23% and a net margin of 65.69%.

Empiric Student Property Stock Performance

Shares of Empiric Student Property stock opened at GBX 80 ($1.03) on Friday. The firm’s fifty day simple moving average is GBX 82.48 and its 200-day simple moving average is GBX 88.68. Empiric Student Property has a 12 month low of GBX 78.10 ($1.01) and a 12 month high of GBX 100 ($1.29). The stock has a market capitalization of £529.93 million, a price-to-earnings ratio of 8.98, a PEG ratio of 2.03 and a beta of 1.05. The company has a debt-to-equity ratio of 53.27, a current ratio of 1.45 and a quick ratio of 1.06.

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.