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Primary Health Properties (LON:PHP) Hits New 12-Month High at $144.20

Primary Health Properties PLC (LON:PHP)’s stock price hit a new 52-week high on Monday . The company traded as high as GBX 144.20 ($1.88) and last traded at GBX 143.71 ($1.88), with a volume of 1184986 shares traded. The stock had previously closed at GBX 142 ($1.86).

A number of brokerages have weighed in on PHP. Liberum Capital reissued a “hold” rating on shares of Primary Health Properties in a research report on Monday. Peel Hunt reissued an “add” rating on shares of Primary Health Properties in a research report on Tuesday, November 5th.

The stock has a 50-day simple moving average of GBX 139.33 and a two-hundred day simple moving average of GBX 134.42. The company has a debt-to-equity ratio of 106.19, a quick ratio of 0.20 and a current ratio of 0.20. The firm has a market cap of $1.74 billion and a PE ratio of -16.92.

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, October 10th were given a GBX 1.40 ($0.02) dividend. This represents a yield of 1.06%. The ex-dividend date of this dividend was Thursday, October 10th. Primary Health Properties’s dividend payout ratio (DPR) is -0.71%.

Primary Health Properties Company Profile (LON:PHP)

Primary Health Properties PLC (“PHP”) is a UK Real Estate Investment Trust (“REIT”) and the leading investor in modern primary healthcare premises. The objective of the Group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieves this by investing in healthcare real estate in the UK and Ireland let on long term leases backed by a secure underlying covenant funded mostly by government bodies.

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