Primary Health Properties Plc (LON:PHP) Insider Purchases £29,933.76 in Stock

Key Points

• Ivonne Cantu purchased a total of 31,181 shares of Primary Health Properties Plc at an average cost of GBX 96 ($1.27) per share, amounting to approximately £29,933.76 ($39,542.62).
• As of the latest trading session, Primary Health Properties stock is down 0.5%, opening at GBX 95.70 ($1.26), with a 1-year price range between GBX 85.40 ($1.13) and GBX 105.50 ($1.39).
• Shore Capital has reaffirmed a "buy" rating on shares of Primary Health Properties, reflecting ongoing positive sentiment among analysts.

Primary Health Properties Plc (LON:PHP - Get Free Report) insider Ivonne Cantu acquired 31,181 shares of the firm's stock in a transaction on Thursday, July 31st. The stock was purchased at an average cost of GBX 96 ($1.27) per share, for a total transaction of £29,933.76 ($39,747.39).

Ivonne Cantu also recently made the following trade(s):

• On Thursday, July 31st, Ivonne Cantu bought 20,764 shares of Primary Health Properties stock. The shares were bought at an average price of GBX 96 ($1.27) per share, with a total value of £19,933.44 ($26,468.52).

Primary Health Properties Price Performance

PHP traded up GBX 0.35 ($0.00) on Friday, reaching GBX 96.50 ($1.28). The stock had a trading volume of 14,025,342 shares, compared to its average volume of 8,457,489. The company has a market capitalization of £1.30 billion, a price-to-earnings ratio of -150.63, a price-to-earnings-growth ratio of 5.64 and a beta of 0.41. The firm has a 50-day moving average of GBX 98.57 and a 200-day moving average of GBX 96.46. 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 ($1.13) and a fifty-two week high of GBX 105.50 ($1.40).

Primary Health Properties (LON:PHP - Get Free Report) last released its earnings results on Thursday, July 24th. The real estate investment trust reported GBX 3.50 ($0.05) EPS for the quarter. Primary Health Properties had a negative return on equity of 0.61% and a negative net margin of 4.84%. As a group, sell-side analysts anticipate that Primary Health Properties Plc will post 7.0875912 EPS for the current year.

Analysts Set New Price Targets

Separately, Shore Capital restated a "buy" rating on shares of Primary Health Properties in a research report on Monday, May 19th.

About Primary Health Properties

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.