First Property Group (LON:FPO) Hits New 1-Year Low – Here’s Why

First Property Group plc (LON:FPO) reached a new 52-week low on Tuesday . The stock traded as low as GBX 12 and last traded at GBX 13, with a volume of 39840 shares trading hands. The stock had previously closed at GBX 12.50.

First Property Group Stock Up 4.0%

The firm has a market capitalization of £19.22 million, a PE ratio of 7.18 and a beta of 0.24. The company has a fifty day moving average price of GBX 13.93 and a 200-day moving average price of GBX 15.51. The company has a debt-to-equity ratio of 18.96, a quick ratio of 0.97 and a current ratio of 10.25.

First Property Group (LON:FPO) last posted its earnings results on Thursday, June 25th. The company reported GBX 1.81 earnings per share for the quarter. First Property Group had a net margin of 30.77% and a return on equity of 5.63%. The firm had revenue of GBX 872 million during the quarter. As a group, analysts expect that First Property Group plc will post 0.2694795 earnings per share for the current year.

First Property Group Company Profile

First Property Group plc is an award winning property fund manager and investor with operations in the United Kingdom and Central Europe. The Group’s focus is on higher yielding commercial property with sustainable cash flows. The company is flexible and takes an active approach to asset management. Its earnings are derived from:

1. Fund management – via its FCA regulated and AIFMD approved subsidiary, First Property Asset Management Ltd (FPAM), which earns fees from investing for third parties in property.