First Property Group (LON:FPO) Insider Ben Habib Purchases 550,000 Shares of Stock

First Property Group plc (LON:FPO) insider Ben Habib purchased 550,000 shares of the firm’s stock in a transaction on Friday, September 25th. The shares were purchased at an average price of GBX 15 per share, for a total transaction of £82,500.

Ben Habib also recently made the following trade(s):

• On Thursday, September 24th, Ben Habib purchased 100,000 shares of First Property Group stock. The shares were purchased at an average price of GBX 15 per share, with a total value of £15,000.
• On Tuesday, September 22nd, Ben Habib acquired 250,000 shares of First Property Group stock. The stock was purchased at an average price of GBX 14 per share, for a total transaction of £35,000.

First Property Group Price Performance

FPO opened at GBX 15 on Friday. The stock’s 50-day moving average price is GBX 12.94 and its 200 day moving average price is GBX 13.60. First Property Group plc has a 12-month low of GBX 11 and a 12-month high of GBX 19.50. The company has a current ratio of 10.25, a quick ratio of 0.97 and a debt-to-equity ratio of 18.96. The firm has a market cap of £22.18 million, a price-to-earnings ratio of 8.29 and a beta of 0.24.

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