Will shares in Assura (AGR.L) continue to rally, setting new recent highs?

• Now trading at 75.3p (at time of writing), the share price performance has been very strong.
• Will it come to an end, or is this trend your friend?
• Could this be the ideal opportunity for momentum traders?
• Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
• Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
• Shares -0% from 12-month highs; +43% from 12 month lows.

Latest News

17 Oct:  Ed Smith, Chairman, bought 718 shares in the firm on the 16th October 2019 at a price of 70.00p. This Director currently has 92,474 shares.

17 Oct:  Ed Smith, Chairman, bought 831 shares in the firm on the 16th October 2019 at a price of 70.00p. This Director currently has 831 shares.

03 Oct:  Assura, the primary care property investor, stated that it was ’confident’ in its full year outlook. This followed a ‘very active’ first half.

02 Jul:  Assura, the primary care property investor, said it was confident in its guidance amid ‘good’ progress in Q1 as it expanded its pipeline of acquisitions and developments.

17 Jun:  Peel Hunt reiterates its hold rating on Assura Group Ltd (AGR) and increased the target price to 62p (from 56p).

04 Jun:  Jayne Cottam, Executive Director, bought 47,200 shares in the firm on the 4th June 2019 at a price of 63.54p. This Director currently has 90,743 shares.

21 May:  Assura, the primary care property investor, reported higher profits due to ‘robust’ revenue and rental growth. This was driven, it said, by new developments, acquisitions and more rent reviews.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

Click to enlarge