Assura (LON:AGR) Stock Passes Below 200-Day Moving Average - What's Next?

Key Points

• Assura Plc's stock has fallen below its 200-day moving average of GBX 48.50, trading at GBX 47.48 as of Tuesday, with a trading volume of 288,991 shares.
• Peel Hunt reaffirmed a "buy" rating" for Assura with a target price of GBX 60, while Shore Capital maintained a "hold rating".
• Recent insider sales totaled over £258 million, with insiders owning only 0.93% of the company stock, indicating significant selling activity among key stakeholders.

Assura Plc (LON:AGR - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 48.50 ($0.65) and traded as low as GBX 46.76 ($0.63). Assura shares last traded at GBX 47.48 ($0.64), with a volume of 288,991 shares changing hands.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on AGR shares. Peel Hunt reaffirmed a "buy" rating and set a GBX 60 target price on shares of Assura in a research report on Tuesday, September 30th. Shore Capital reaffirmed a "hold" rating on shares of Assura in a research report on Wednesday, October 1st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Assura has a consensus rating of "Moderate Buy" and a consensus target price of GBX 60.

Assura Stock Performance

The company has a 50-day simple moving average of GBX 47.84 and a two-hundred day simple moving average of GBX 48.50. The company has a quick ratio of 2.84, a current ratio of 0.89 and a debt-to-equity ratio of 85.05. The firm has a market cap of £1.54 billion, a PE ratio of 895.85, a PEG ratio of 3.60 and a beta of 0.37.

Assura (LON:AGR - Get Free Report) last posted its quarterly earnings data on Monday, July 21st. The real estate investment trust reported GBX 3.50 earnings per share for the quarter. Assura had a negative return on equity of 1.92% and a negative net margin of 18.09%. As a group, equities research analysts forecast that Assura Plc will post 3.5830389 earnings per share for the current year.

Insider Transactions at Assura

In other news, insider Sam Barrell sold 34,153 shares of the company's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of GBX 48, for a total transaction of £16,393.44. Also, insider Jonathan Murphy sold 1,572,585 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of GBX 50, for a total value of £786,292.50. Insiders sold 5,182,149 shares of company stock worth $258,872,495 over the last quarter. 0.93% of the stock is currently owned by corporate insiders.

Assura Company Profile

Assura plc is a specialist healthcare property investor and developer. We enable better health outcomes through our portfolio of more than 600 healthcare buildings across the UK and Ireland, from which over six million patients are served. We BUILD for health, having developed over 100 new healthcare buildings in our history, and at the heart of our strategy sits The Bigger Picture; Healthy Environment (E), Healthy Communities (S), Healthy Business (G). Assura plc achieved B Corp certification in July 2024 - the first FTSE 250 business to do so.

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