Primary Health Properties Plc (OTCMKTS:PHPRF – Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of C$1.27 and traded as high as C$1.28. Primary Health Properties shares last traded at C$1.28, with a volume of 8,000 shares.
Analysts Set New Price Targets
Separately, Barclays reaffirmed an “overweight” rating on shares of Primary Health Properties in a report on Monday, August 24th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Get Our Latest Stock Analysis on PHPRF
Primary Health Properties Stock Performance
The business’s 50-day moving average price is C$1.25 and its 200 day moving average price is C$1.27.
Primary Health Properties Company Profile
Primary Health Properties plc is a real estate investment trust focused on owning and managing properties used to provide primary healthcare. Its portfolio includes medical centres, doctors’ surgeries and other facilities serving community-based healthcare needs.
The company leases its properties to healthcare providers, including general practitioners and public health organizations, and its buildings are located primarily in the United Kingdom and Ireland. Its activities include acquiring, developing and managing healthcare facilities.
Founded in 1995, Primary Health Properties has grown through property acquisitions and development, including its 2019 merger with MedicX Fund.
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