FRP Advisory Group (LON:FRP) Share Price Passes Below 50-Day Moving Average – What’s Next?

FRP Advisory Group plc (LON:FRPGet Free Report)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 134.29 and traded as low as GBX 128.15. FRP Advisory Group shares last traded at GBX 131, with a volume of 141,682 shares traded.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 220 price objective on shares of FRP Advisory Group in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, FRP Advisory Group has an average rating of “Buy” and a consensus price target of GBX 220.

Read Our Latest Research Report on FRP

FRP Advisory Group Stock Down 1.3%

The firm has a market capitalization of £322.81 million, a price-to-earnings ratio of 14.30 and a beta of 0.48. The business has a 50 day simple moving average of GBX 134.29 and a 200-day simple moving average of GBX 137.76. The company has a debt-to-equity ratio of 14.51, a quick ratio of 2.12 and a current ratio of 2.68.

FRP Advisory Group (LON:FRPGet Free Report) last announced its quarterly earnings results on Thursday, December 18th. The company reported GBX 6.35 earnings per share for the quarter. FRP Advisory Group had a net margin of 17.16% and a return on equity of 30.26%. On average, equities analysts expect that FRP Advisory Group plc will post 10.5042017 EPS for the current year.

FRP Advisory Group Company Profile

(Get Free Report)

FRP provide solutions to create, preserve and recover value across a range of complex situations.

Specialising in forensics, corporate finance, debt, restructuring and financial advisory, we deliver strategic solutions across a broad range of situations. Our five pillar services complement each other. We draw on experts within each of our service areas to put the best people in place for each circumstance.

Working across the board, from multinational organisations to small enterprises, we develop effective strategies for all kinds of businesses.

Further Reading

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