Primary Health Properties Plc (LON:PHP – Get Free Report)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 94.99 ($1.24) and traded as high as GBX 99.80 ($1.31). Primary Health Properties shares last traded at GBX 97 ($1.27), with a volume of 2,695,586 shares trading hands.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on PHP shares. Shore Capital reaffirmed a “buy” rating on shares of Primary Health Properties in a report on Wednesday, July 24th. Berenberg Bank raised their price objective on shares of Primary Health Properties from GBX 103 ($1.35) to GBX 110 ($1.44) and gave the company a “buy” rating in a research report on Wednesday, September 18th.
View Our Latest Analysis on PHP
Primary Health Properties Trading Down 0.0 %
Primary Health Properties Announces Dividend
The business also recently declared a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, October 10th will be given a GBX 1.73 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 1.71%. Primary Health Properties’s dividend payout ratio (DPR) is -70,000.00%.
About Primary Health Properties
Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation.
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