Shares of Primary Health Properties Plc (LON:PHP - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 94.04 ($1.25) and traded as high as GBX 101.10 ($1.35). Primary Health Properties shares last traded at GBX 100.50 ($1.34), with a volume of 3,653,521 shares changing hands.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the stock. Shore Capital restated a "buy" rating on shares of Primary Health Properties in a report on Thursday, April 10th. Jefferies Financial Group restated a "buy" rating and set a GBX 105 ($1.40) price target on shares of Primary Health Properties in a research note on Monday, March 3rd.
Get Our Latest Analysis on Primary Health Properties
Primary Health Properties Stock Performance
The company has a market capitalization of £1.35 billion, a PE ratio of -156.88, a PEG ratio of 5.64 and a beta of 0.41. The company has a debt-to-equity ratio of 96.73, a quick ratio of 0.62 and a current ratio of 0.50. The business's 50-day moving average is GBX 95.18 and its 200-day moving average is GBX 94.04.
Primary Health Properties (LON:PHP - Get Free Report) last released its quarterly earnings data on Friday, February 28th. The real estate investment trust reported GBX 7 ($0.09) earnings per share (EPS) for the quarter. Primary Health Properties had a negative net margin of 4.84% and a negative return on equity of 0.61%. On average, research analysts anticipate that Primary Health Properties Plc will post 7.0875912 earnings per share for the current year.
Primary Health Properties Announces Dividend
The company also recently declared a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 1.78 ($0.02) per share. The ex-dividend date is Thursday, March 27th. This represents a yield of 1.85%. Primary Health Properties's dividend payout ratio is currently -1,092.68%.
Insider Transactions at Primary Health Properties
In related news, insider Harry Abraham Hyman acquired 3,808 shares of the stock in a transaction on Friday, February 21st. The shares were bought at an average price of GBX 93 ($1.24) per share, with a total value of £3,541.44 ($4,715.63). Company insiders own 2.81% of the company's stock.
About Primary Health Properties
(
Get Free Report)
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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