Primary Health Properties Plc (LON:PHP - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 94.72 ($1.22) and traded as high as GBX 97.20 ($1.26). Primary Health Properties shares last traded at GBX 95.51 ($1.23), with a volume of 65,178,777 shares changing hands.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group restated a "buy" rating and set a GBX 105 ($1.36) price target on shares of Primary Health Properties in a research report on Monday, March 3rd.
Get Our Latest Stock Analysis on Primary Health Properties
Primary Health Properties Price Performance
The stock has a 50-day simple moving average of GBX 92.06 and a 200 day simple moving average of GBX 94.70. The stock has a market capitalization of £1.29 billion, a P/E ratio of -150.40, a price-to-earnings-growth 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.
Primary Health Properties (LON:PHP - Get Free Report) last posted its quarterly earnings results 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 return on equity of 0.61% and a negative net margin of 4.84%. On average, equities analysts forecast that Primary Health Properties Plc will post 7.0875912 earnings per share for the current fiscal year.
Primary Health Properties Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, March 27th will be issued a GBX 1.78 ($0.02) dividend. 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 Buying and Selling at Primary Health Properties
In related news, insider Harry Abraham Hyman bought 25,000 shares of the business's stock in a transaction on Friday, February 28th. The shares were purchased at an average price of GBX 92 ($1.19) per share, with a total value of £23,000 ($29,696.58). Insiders own 2.81% of the company's stock.
Primary Health Properties Company Profile
(
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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