Primary Health Properties (OTCMKTS:PHPRF) Shares Up 14.1% – Time to Buy?

Primary Health Properties Plc (OTCMKTS:PHPRFGet Free Report) shares were up 14.1% during trading on Wednesday . The stock traded as high as C$1.45 and last traded at C$1.45. Approximately 100 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 3,057 shares. The stock had previously closed at C$1.27.

Primary Health Properties Stock Performance

The company has a 50 day moving average of C$1.28 and a 200-day moving average of C$1.27.

About Primary Health Properties

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Primary Health Properties (OTCMKTS: PHPRF) is a real estate investment trust that specializes in the ownership and management of primary healthcare facilities. Established in 1995 and listed on the London Stock Exchange in 1996, the company focuses on providing modern, purpose-built medical real estate designed to support general practitioners, community health providers and related healthcare services. Its portfolio comprises predominantly single-tenanted or multi-tenanted primary care buildings leased under long-term agreements to tenants such as general practice partnerships, the National Health Service (NHS), and private sector healthcare operators.

The company’s core business activities include the acquisition, development and refurbishment of primary care facilities.

Further Reading

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