First Property Group (LON:FPO) Sets New 52-Week Low – Time to Sell?

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 12.50, with a volume of 190979 shares. The stock had previously closed at GBX 12.50.

First Property Group Stock Performance

The firm’s 50 day simple moving average is GBX 13.73 and its 200-day simple moving average is GBX 15.28. The company has a debt-to-equity ratio of 18.96, a quick ratio of 0.97 and a current ratio of 10.25. The company has a market capitalization of £18.48 million, a price-to-earnings ratio of 6.91 and a beta of 0.24.

First Property Group (LON:FPO) last issued its earnings results on Thursday, June 25th. The company reported GBX 1.81 EPS for the quarter. The business 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%. Analysts expect that First Property Group plc will post 0.2694795 EPS 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.