Assura (LON:AGR) Stock Crosses Below Two Hundred Day Moving Average of $42.69

Shares of Assura Plc (LON:AGR) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 42.69 ($0.54) and traded as low as GBX 40.20 ($0.51). Assura shares last traded at GBX 40.20 ($0.51), with a volume of 4,531,571 shares.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AGR. Peel Hunt cut Assura to an “add” rating and set a GBX 48 ($0.61) target price for the company. in a research note on Wednesday, March 20th. Shore Capital reaffirmed a “buy” rating on shares of Assura in a report on Tuesday, May 21st.

Assura Price Performance

The company has a quick ratio of 2.84, a current ratio of 0.89 and a debt-to-equity ratio of 85.04. The company has a 50 day simple moving average of GBX 41.01 and a 200-day simple moving average of GBX 42.65. The stock has a market cap of £1.24 billion, a price-to-earnings ratio of -4,134.00, a PEG ratio of 3.60 and a beta of 0.30.

Assura Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, July 10th. Investors of record on Thursday, June 6th will be given a dividend of GBX 0.84 ($0.01) per share. This is a positive change from Assura’s previous dividend of $0.82. This represents a dividend yield of 1.97%. The ex-dividend date is Thursday, June 6th. Assura’s dividend payout ratio is currently -30,000.00%.

Insider Buying and Selling

In other Assura news, insider Jonathan Murphy bought 774 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were bought at an average cost of GBX 42 ($0.53) per share, with a total value of £325.08 ($411.18). In related news, insider Jonathan Murphy bought 774 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was bought at an average cost of GBX 42 ($0.53) per share, for a total transaction of £325.08 ($411.18). Also, insider Jayne Cottam bought 54,700 shares of the stock in a transaction dated Wednesday, May 29th. The shares were bought at an average cost of GBX 40 ($0.51) per share, with a total value of £21,880 ($27,675.18). Insiders have bought 305,721 shares of company stock worth $12,777,613 over the last ninety days. 0.25% of the stock is owned by insiders.

Assura Company Profile

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.