Primary Health Properties Plc (LON:PHP) Insider Mark Davies Buys 38,261 Shares

Primary Health Properties Plc (LON:PHP) insider Mark Davies acquired 38,261 shares of the stock in a transaction dated Friday, August 1st. The shares were bought at an average cost of GBX 96 ($1.28) per share, with a total value of £36,730.56 ($48,817.86).

Primary Health Properties Price Performance

Shares of LON:PHP opened at GBX 96.30 ($1.28) on Tuesday. The firm has a 50 day moving average of GBX 98.52 and a 200-day moving average of GBX 96.54. The stock has a market capitalization of £1.29 billion, a PE ratio of -150.32, 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 12 month low of GBX 85.40 ($1.14) and a 12 month high of GBX 105.50 ($1.40).

Primary Health Properties (LON:PHP) 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%. On average, equities research analysts predict that Primary Health Properties Plc will post 7.0875912 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.