First Property Group (LON:FPO) Sets New 12-Month Low – Here’s Why

First Property Group plc (LON:FPO)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 12 and last traded at GBX 12.50, with a volume of 190979 shares traded. The stock had previously closed at GBX 12.50.

First Property Group Stock Performance

The stock has a market cap of £18.48 million, a price-to-earnings ratio of 6.91 and a beta of 0.24. The company has a quick ratio of 0.97, a current ratio of 10.25 and a debt-to-equity ratio of 18.96. The business has a 50-day moving average of GBX 13.73 and a 200-day moving average of GBX 15.28.

First Property Group (LON:FPO) last issued its earnings results on Thursday, June 25th. The company reported GBX 1.81 EPS for the quarter. First Property Group had a return on equity of 5.63% and a net margin of 30.77%.The firm had revenue of GBX 872 million for the quarter. As a group, research analysts forecast 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.