Primary Health Properties Plc (LON:PHP - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 95.10 ($1.21) and traded as low as GBX 89.95 ($1.15). Primary Health Properties shares last traded at GBX 91.15 ($1.16), with a volume of 1,650,032 shares trading hands.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. started coverage on shares of Primary Health Properties in a research note on Friday, March 1st. They issued a "neutral" rating and a GBX 105 ($1.34) price target on the stock.
Check Out Our Latest Stock Report on Primary Health Properties
Primary Health Properties Price Performance
The company has a debt-to-equity ratio of 93.62, a quick ratio of 0.62 and a current ratio of 0.56. The firm has a fifty day simple moving average of GBX 93.15 and a two-hundred day simple moving average of GBX 95.04. The firm has a market cap of £1.22 billion, a PE ratio of 4,560.00, a PEG ratio of 5.64 and a beta of 0.34.
Primary Health Properties Dividend Announcement
The firm also recently announced a dividend, which was paid on Friday, May 17th. Investors of record on Thursday, March 28th were issued a GBX 1.73 ($0.02) dividend. This represents a dividend yield of 1.86%. The ex-dividend date of this dividend was Thursday, March 28th. Primary Health Properties's dividend payout ratio (DPR) is presently 35,000.00%.
Insider Buying and Selling
In other Primary Health Properties news, insider Harry Abraham Hyman bought 74,890 shares of the firm's stock in a transaction dated Friday, April 5th. The shares were purchased at an average cost of GBX 92 ($1.17) per share, for a total transaction of £68,898.80 ($87,735.64). In related news, insider Harry Abraham Hyman bought 74,890 shares of the company's stock in a transaction dated Friday, April 5th. The stock was purchased at an average price of GBX 92 ($1.17) per share, for a total transaction of £68,898.80 ($87,735.64). Also, insider Richard Howell bought 21,633 shares of the business's stock in a transaction dated Wednesday, April 3rd. The shares were bought at an average cost of GBX 92 ($1.17) per share, for a total transaction of £19,902.36 ($25,343.64). 2.59% of the stock is currently owned by company insiders.
About Primary Health Properties
(
Get Free Report)
Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation.
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