Primary Health Properties (LON:PHP) Releases Earnings Results

Primary Health Properties (LON:PHP) released its quarterly earnings data on Friday. The real estate investment trust reported GBX 7 ($0.09) EPS for the quarter, Digital Look Earnings reports. Primary Health Properties had a negative net margin of 4.84% and a negative return on equity of 0.61%.

Primary Health Properties Trading Up 2.4 %

Shares of PHP stock traded up GBX 2.20 ($0.03) during trading hours on Friday, reaching GBX 94 ($1.18). The company’s stock had a trading volume of 10,727,745 shares, compared to its average volume of 6,035,760. 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 has a one year low of GBX 85.40 ($1.08) and a one year high of GBX 105.50 ($1.33). The stock has a market capitalization of £1.26 billion, a P/E ratio of -146.73, a P/E/G ratio of 5.64 and a beta of 0.41. The firm’s fifty day simple moving average is GBX 91.22 and its 200 day simple moving average is GBX 95.01.

Primary Health Properties Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 9th were given a GBX 1.78 ($0.02) dividend. The ex-dividend date was Thursday, January 9th. This represents a yield of 1.9%. This is an increase from Primary Health Properties’s previous dividend of $1.73. Primary Health Properties’s payout ratio is presently -1,092.68%.

Insider Activity 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 on Friday, February 28th. The stock was acquired at an average price of GBX 92 ($1.16) per share, with a total value of £23,000 ($28,989.16). 2.81% of the stock is currently owned by corporate insiders.

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.