Assura (LON:AGR) Reaches New 1-Year Low – Time to Sell?

Assura Plc (LON:AGR) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 36.78 ($0.45) and last traded at GBX 36.82 ($0.45), with a volume of 1627374 shares trading hands. The stock had previously closed at GBX 37.10 ($0.46).

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 51 ($0.63) price target on shares of Assura in a research report on Tuesday, September 17th.

Assura Stock Down 1.0 %

The company has a market cap of £1.18 billion, a PE ratio of -3,629.80, a P/E/G ratio of 3.60 and a beta of 0.37. 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 business has a 50-day simple moving average of GBX 38.72 and a 200-day simple moving average of GBX 40.45.

Assura Dividend Announcement

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

About Assura

Assura plc is a specialist healthcare property investor and developer. We enable better health outcomes through our portfolio of more than 600 healthcare buildings across the UK and Ireland, from which over six million patients are served.

We BUILD for health, having developed over 100 new healthcare buildings in our history, and at the heart of our strategy sits The Bigger Picture; Healthy Environment (E), Healthy Communities (S), Healthy Business (G).

Assura plc achieved B Corp certification in July 2024 – the first FTSE 250 business to do so.