Primary Health Properties (LON:PHP - Get Free Report) issued its quarterly earnings results on Friday. The real estate investment trust reported GBX 7 ($0.09) EPS for the quarter, Digital Look Earnings reports. Primary Health Properties had a negative net margin of 4.84% and a negative return on equity of 0.61%.
Primary Health Properties Trading Down 2.0 %
Shares of Primary Health Properties stock traded down GBX 1.90 ($0.02) during trading on Monday, reaching GBX 92.10 ($1.16). 3,743,380 shares of the company were exchanged, compared to its average volume of 5,983,170. The business has a 50-day moving average price of GBX 91.27 and a 200-day moving average price of GBX 95.01. The firm has a market capitalization of £1.24 billion, a price-to-earnings ratio of -143.77, a P/E/G ratio of 5.64 and a beta of 0.41. The company has a quick ratio of 0.62, a current ratio of 0.50 and a debt-to-equity ratio of 96.73. Primary Health Properties has a twelve month low of GBX 85.40 ($1.08) and a twelve month high of GBX 105.50 ($1.33).
Primary Health Properties Increases Dividend
The business also recently declared a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, January 9th were paid a GBX 1.78 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a dividend yield of 1.9%. This is an increase from Primary Health Properties's previous dividend of $1.73. Primary Health Properties's dividend payout ratio is -1,092.68%.
Insider Buying and Selling at Primary Health Properties
In other news, insider Harry Abraham Hyman bought 3,808 shares of the stock in a transaction on Friday, February 21st. The stock was purchased at an average price of GBX 93 ($1.17) per share, with a total value of £3,541.44 ($4,464.19). Insiders own 2.81% of the company's stock.
Primary Health Properties Company Profile
(
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Primary Health Properties plc is a leading investor in modern primary healthcare properties. The Company acquires or forward funds the development of modern, purpose-built premises that are leased to GP's, government healthcare bodies, pharmacies and other providers of related healthcare services.
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