Unite Group (LON:UTG) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Unite Group PLC (LON:UTGGet Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 834.02 ($11.35) and traded as high as GBX 846 ($11.52). Unite Group shares last traded at GBX 841.94 ($11.46), with a volume of 1,905,664 shares trading hands.

Unite Group Stock Performance

The stock has a market cap of £4.04 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 3.20 and a beta of 1.24. The company has a quick ratio of 0.73, a current ratio of 1.58 and a debt-to-equity ratio of 38.76. The company has a 50 day simple moving average of GBX 842.22 and a 200 day simple moving average of GBX 834.02.

About Unite Group

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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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