Assura (LON:AGR) Sets New 12-Month Low - Should You Sell?

Assura Plc (LON:AGR - Get Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 37.43 ($0.47) and last traded at GBX 37.44 ($0.47), with a volume of 3327613 shares traded. The stock had previously closed at GBX 38.32 ($0.48).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 51 ($0.64) price target on shares of Assura in a research note on Tuesday, September 17th.

Assura Stock Down 1.6 %

The company has a market cap of £1.23 billion, a price-to-earnings ratio of -3,772.00, a price-to-earnings-growth ratio of 3.60 and a beta of 0.37. The company has a current ratio of 0.89, a quick ratio of 2.84 and a debt-to-equity ratio of 85.04. The firm's fifty day moving average price is GBX 39.70 and its 200-day moving average price is GBX 40.75.

Assura Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 12th will be given a dividend of GBX 0.84 ($0.01) per share. This represents a dividend yield of 2.12%. The ex-dividend date is Thursday, December 12th. Assura's dividend payout ratio is currently -30,000.00%.

About Assura

Assura plc is a national healthcare premises specialist and UK REIT based in Altrincham, UK - caring for more than 600 primary healthcare buildings, from which over six million patients are served. A constituent of the FTSE 250 and the EPRA indices, as at 30 September 2023, Assura's portfolio was valued at £2.7 billion.