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

GCP Student Living plc (LON:DIGS)’s share price traded up 424,900% during trading on Thursday . The company traded as high as GBX 212.50 ($2.78) and last traded at GBX 212.50 ($2.78). 50,000 shares changed hands 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 firm has a fifty day moving average price of GBX 212.50 and a two-hundred day moving average price of GBX 212.50. The company has a debt-to-equity ratio of 33.64, a quick ratio of 0.70 and a current ratio of 0.77. The stock has a market capitalization of £966.92 million and a P/E ratio of 8.43.

GCP Student Living Company Profile

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.