PHP - Primary Health Properties

Apr 26, 2024 at 21:33 Twitter · Facebook

PHP share price on Johannesburg Stock Exchange

Primary Health Properties is a leading investor in modern primary healthcare properties across the UK and Ireland. Since listing on the London Stock Exchange ("LSE") in 1998, it has created progressive returns for shareholders through a combination of rental growth and capital appreciation, generating 27 years of consecutive dividend growth. Its primary listing is on the Premium Segment of the LSE and is included on the FTSE 250 Index. It has a secondary listing on the South African JSE Limited ("JSE"). The Group owns and manages a #2.8 billion portfolio of healthcare assets that generate strong, high quality rent roll of just under #150 million.

Primary Health Properties is listed on the Johannesburg Stock Exchange (JSE) since October 24th, 2023. Primary Health Properties is traded on the JSE under the ticker symbol “PHP”. The International Securities Identification Number (ISIN) of JSE:PHP is GB00BYRJ5J14. Primary Health Properties is currently the 59th most valuable stock on the JSE with a market capitalization of ZAR 28.9 billion, which is about 0.15% of the Johannesburg Stock Exchange equity market.

PHP Stock Market Performance

The current share price of Primary Health Properties (PHP) is ZAR 21.62. PHP closed its last trading day (Friday, April 26, 2024) at 21.62 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.8% drop from its previous closing price of 22.02 ZAR. Primary Health Properties began the year with a share price of 27.51 ZAR but has since lost 21.4% off that price valuation, ranking it 352nd on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that PHP has lost 6% of the stock’s value from March 27th to date.

Primary Health Properties is the 260th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 26 - Apr 26, 2024). PHP has traded a total volume of 1.59 million shares—in 645 deals—valued at ZAR 35.4 million over the period, with an average of 25,298 traded shares per session. A volume high of 190,446 was achieved on April 2nd for the same period. The table below details the last 10 trading days of activity of Primary Health Properties on the Johannesburg Stock Exchange.

Profile of Primary Health Properties PLC

Primary Health Properties PLC operates in the Health Care sector.

PHP Industrial Market Competitors

Primary Health Properties PLC, issuers of the PHP stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Health Care sector. The table below presents an overview of the market standing of the top eight by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange