UNITE Group (UTGPF) to Announce Earnings on Tuesday

UNITE Group (OTCMKTS:UTGPF) is expected to be issuing its resultson Tuesday, July 28th. Analysts expect the company to announce earnings of $0.3455 per share and revenue of $263.7480 million for the quarter.

UNITE Group Stock Performance

UTGPF stock opened at $6.35 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.75 and a quick ratio of 0.75. The company’s 50-day moving average price is $6.35 and its 200 day moving average price is $6.74. UNITE Group has a 52 week low of $6.08 and a 52 week high of $11.90.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on UTGPF. Zacks Research upgraded shares of UNITE Group to a “hold” rating in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UNITE Group in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, UNITE Group currently has an average rating of “Moderate Buy”.

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. Following our successful £1.4bn acquisition of Liberty Living's UK assets in November 2019, we now provide homes to 76,000 students across 177 properties in 27 leading university towns and cities. Our people are driven by a common purpose: to provide a 'Home for Success' for the students who live with us and to be the most trusted brand in the sector.