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
(
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.
Read More
Before you consider Primary Health Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Primary Health Properties wasn't on the list.
While Primary Health Properties currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
