GCP Student Living (LON:DIGS) Trading Up 424,900% – Here’s What Happened

GCP Student Living plc (LON:DIGSGet Free Report) shares rose 424,900% during trading on Thursday . The stock traded as high as GBX 212.50 ($2.76) and last traded at GBX 212.50 ($2.76). Approximately 50,000 shares traded hands during trading, a decline of 98% from the average daily volume of 2,153,780 shares. The stock had previously closed at GBX 0.05 ($0.00).

GCP Student Living Stock Performance

The company has a current ratio of 0.77, a quick ratio of 0.70 and a debt-to-equity ratio of 33.64. The stock has a 50-day simple moving average of GBX 212.50 and a two-hundred day simple moving average of GBX 212.50. The firm has a market capitalization of £966.92 million and a P/E ratio of 8.43.

About GCP Student Living

(Get Free Report)

GCP Student Living plc, a FTSE 250 company, was the first real estate investment trust in the UK to focus on student residential assets. The Company seeks to provide shareholders with attractive total returns in the longer term through the potential for modest capital appreciation and regular, sustainable, long term dividends with inflation linked income characteristics.

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