First Property Group (LON:FPO) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

First Property Group plc (LON:FPO) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 18.12 and traded as low as GBX 16.10. First Property Group shares last traded at GBX 17, with a volume of 17,100 shares changing hands.

First Property Group Stock Performance

The company has a debt-to-equity ratio of 22.87, a quick ratio of 0.97 and a current ratio of 0.48. The firm has a 50-day moving average of GBX 18.12 and a 200-day moving average of GBX 16.26. The firm has a market capitalization of £24.39 million, a P/E ratio of 10.86 and a beta of 0.45.

First Property Group (LON:FPO) last released its quarterly earnings data on Thursday, November 27th. The company reported GBX 0.79 earnings per share for the quarter. First Property Group had a negative return on equity of 5.93% and a negative net margin of 31.04%. On average, equities research analysts anticipate that First Property Group plc will post 0.2694795 EPS for the current fiscal year.

About First Property Group

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.