Primary Health Properties PLC (PHP) Hits New 12-Month High at $123.00
Primary Health Properties PLC (LON:PHP)’s share price reached a new 52-week high on Thursday . The stock traded as high as GBX 123 ($1.63) and last traded at GBX 123 ($1.63), with a volume of 486,976 shares changing hands. The stock had previously closed at GBX 121.50 ($1.61).
A number of equities research analysts have commented on PHP shares. Liberum Capital reissued a “hold” rating and set a GBX 120 ($1.59) price target on shares of Primary Health Properties PLC in a report on Wednesday, August 2nd. Peel Hunt reaffirmed a “buy” rating and issued a GBX 125 ($1.66) target price on shares of Primary Health Properties PLC in a report on Thursday, July 27th.
The stock’s 50-day moving average is GBX 1.00 and its 200 day moving average is GBX 1.00. The firm’s market capitalization is GBX 738.14 million.
In other Primary Health Properties PLC news, insider Harry Abraham Hyman purchased 378 shares of the firm’s stock in a transaction on Friday, August 25th. The stock was bought at an average price of GBX 113 ($1.50) per share, with a total value of £427.14 ($566.57). Insiders have purchased a total of 623 shares of company stock valued at $71,777 in the last ninety days.
About Primary Health Properties PLC
Primary Health Properties PLC (PHP) is a United Kingdom-based real estate investment trust (REIT). The principal activity of the Company is the investment in primary healthcare property in the United Kingdom and the Republic of Ireland. It specializes in the ownership of freehold or long leasehold interests in purpose-built healthcare facilities, which are leased to general practitioners, government healthcare bodies and other associated healthcare users.
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