Primary Health Properties Plc (LON:PHP) Insider Purchases £24,633.60 in Stock

Key Points

• Insider Harry Abraham Hyman purchased 25,660 shares of Primary Health Properties Plc at an average price of GBX 96 ($1.27) per share, totaling approximately £24,633.60 ($32,709.60).
• The company recently reported a negative net margin of 4.84% and a negative return on equity of 0.61% in its latest earnings release.
• Analysts at Shore Capital have reiterated a "buy" rating on shares of Primary Health Properties, indicating positive sentiment for the company moving forward.

Primary Health Properties Plc (LON:PHP - Get Free Report) insider Harry Abraham Hyman acquired 25,660 shares of the company's stock in a transaction on Friday, August 1st. The shares were purchased at an average cost of GBX 96 ($1.28) per share, for a total transaction of £24,633.60 ($32,906.22).

Primary Health Properties Stock Performance

PHP traded down GBX 0.35 ($0.00) during trading hours on Thursday, hitting GBX 94.50 ($1.26). The company's stock had a trading volume of 13,829,938 shares, compared to its average volume of 8,590,057. The company has a 50-day simple moving average of GBX 98.38 and a 200 day simple moving average of GBX 96.53. The firm has a market capitalization of £1.27 billion, a PE ratio of -147.51, a PEG ratio of 5.64 and a beta of 0.41. The company has a current ratio of 0.50, a quick ratio of 0.62 and a debt-to-equity ratio of 96.73. Primary Health Properties Plc has a fifty-two week low of GBX 85.40 ($1.14) and a fifty-two week high of GBX 105.50 ($1.41).

Primary Health Properties (LON:PHP - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported GBX 3.50 ($0.05) 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%. As a group, sell-side analysts expect that Primary Health Properties Plc will post 7.0875912 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "buy" rating on shares of Primary Health Properties in a research report on Thursday.

Primary Health Properties Company Profile

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.