GCP Student Living (LON:DIGS) Shares Up 424,900% – Here’s Why

GCP Student Living plc (LON:DIGSGet Free Report) traded up 424,900% during mid-day trading on Tuesday . The stock traded as high as GBX 212.50 ($2.66) and last traded at GBX 212.50 ($2.66). 50,000 shares were traded during mid-day trading, a decline of 98% from the average session volume of 2,153,780 shares. The stock had previously closed at GBX 0.05 ($0.00).

GCP Student Living Price Performance

The company has a market cap of £966.92 million and a price-to-earnings ratio of 8.43. 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 business has a 50-day moving average price of GBX 212.50 and a 200 day moving average price of GBX 212.50.

GCP Student Living Company Profile

(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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