Primary Health Properties Plc (LON:PHP - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 94.03 ($1.25) and traded as high as GBX 101.30 ($1.34). Primary Health Properties shares last traded at GBX 101.30 ($1.34), with a volume of 3,848,956 shares changing hands.
Wall Street Analysts Forecast Growth
PHP has been the subject of a number of recent research reports. Jefferies Financial Group restated a "buy" rating and issued a GBX 105 ($1.39) target price on shares of Primary Health Properties in a research report on Monday, March 3rd. Shore Capital reaffirmed a "buy" rating on shares of Primary Health Properties in a research note on Thursday, April 10th.
View Our Latest Stock Report on Primary Health Properties
Primary Health Properties Price Performance
The firm has a fifty day moving average of GBX 94.79 and a two-hundred day moving average of GBX 94.02. The company has a current ratio of 0.50, a quick ratio of 0.62 and a debt-to-equity ratio of 96.73. The company has a market capitalization of £1.34 billion, a PE ratio of -156.02, a PEG ratio of 5.64 and a beta of 0.41.
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 for the quarter. Primary Health Properties had a negative return on equity of 0.61% and a negative net margin of 4.84%. Research analysts anticipate that Primary Health Properties Plc will post 7.0875912 EPS for the current fiscal year.
Primary Health Properties Dividend Announcement
The company also recently declared a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, March 27th will be issued a GBX 1.78 ($0.02) dividend. This represents a yield of 1.85%. The ex-dividend date is Thursday, March 27th. Primary Health Properties's dividend payout ratio (DPR) is presently -1,092.68%.
Insider Buying and Selling at Primary Health Properties
In other Primary Health Properties news, insider Harry Abraham Hyman bought 25,000 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The stock was bought at an average price of GBX 92 ($1.22) per share, for a total transaction of £23,000 ($30,475.69). Corporate insiders own 2.81% of the company's stock.
About Primary Health Properties
(
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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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