Primary Health Properties (LON:PHP) Receives Add Rating from Peel Hunt

Peel Hunt restated their add rating on shares of Primary Health Properties (LON:PHP) in a report issued on Friday, ThisIsMoney.Co.Uk reports.

Separately, Liberum Capital restated a hold rating on shares of Primary Health Properties in a research report on Thursday, July 25th.

Primary Health Properties stock traded up GBX 1.60 ($0.02) during mid-day trading on Friday, hitting GBX 132.20 ($1.73). The company’s stock had a trading volume of 1,180,993 shares, compared to its average volume of 821,202. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 106.19. The firm has a market capitalization of $1.50 billion and a PE ratio of -15.55. Primary Health Properties has a twelve month low of GBX 106.40 ($1.39) and a twelve month high of GBX 139 ($1.82). The firm’s fifty day simple moving average is GBX 134.50.

The company also recently disclosed a dividend, which will be paid on Friday, August 23rd. Investors of record on Thursday, July 11th will be paid a GBX 1.40 ($0.02) dividend. This represents a yield of 1.02%. The ex-dividend date is Thursday, July 11th. Primary Health Properties’s dividend payout ratio is -0.71%.

About Primary Health Properties

Primary Health Properties PLC (“PHP”) is a UK Real Estate Investment Trust (“REIT”) and the leading investor in modern primary healthcare premises. The objective of the Group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieves this by investing in healthcare real estate in the UK and Ireland let on long term leases backed by a secure underlying covenant funded mostly by government bodies.

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