Assura (LON:AGR) Sets New 52-Week Low – What’s Next?

Assura Plc (LON:AGR)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 37.43 ($0.47) and last traded at GBX 37.44 ($0.47), with a volume of 3327613 shares. The stock had previously closed at GBX 38.32 ($0.48).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 51 ($0.64) price objective on shares of Assura in a report on Tuesday, September 17th.

Assura Stock Performance

The company has a debt-to-equity ratio of 85.04, a current ratio of 0.89 and a quick ratio of 2.84. The company has a fifty day moving average price of GBX 39.57 and a 200 day moving average price of GBX 40.71. The stock has a market cap of £1.22 billion, a P/E ratio of -3,758.00, a P/E/G ratio of 3.60 and a beta of 0.37.

Assura Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 0.84 ($0.01) per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 2.12%. Assura’s dividend payout ratio (DPR) is presently -30,000.00%.

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.