Assura (LON:AGR) Sets New 1-Year Low – What’s Next?

Assura Plc (LON:AGR)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 37.43 ($0.47) and last traded at GBX 37.44 ($0.47), with a volume of 3327613 shares trading hands. The stock had previously closed at GBX 38.32 ($0.48).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 51 ($0.64) price target on shares of Assura in a research note on Tuesday, September 17th.

Assura Stock Performance

The stock’s 50 day moving average is GBX 39.70 and its two-hundred day moving average is GBX 40.75. The company has a current ratio of 0.89, a quick ratio of 2.84 and a debt-to-equity ratio of 85.04. The stock has a market cap of £1.23 billion, a price-to-earnings ratio of -3,772.00, a PEG ratio of 3.60 and a beta of 0.37.

Assura Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 12th will be paid a GBX 0.84 ($0.01) dividend. This represents a dividend yield of 2.12%. The ex-dividend date is Thursday, December 12th. Assura’s dividend payout ratio (DPR) is presently -30,000.00%.

About Assura

Assura plc is a national healthcare premises specialist and UK REIT based in Altrincham, UK – caring for more than 600 primary healthcare buildings, from which over six million patients are served. A constituent of the FTSE 250 and the EPRA indices, as at 30 September 2023, Assura’s portfolio was valued at £2.7 billion.