First Property Group (LON:FPO) Reaches New 52-Week High – Here’s What Happened

First Property Group plc (LON:FPO)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 16.90 and last traded at GBX 16.90, with a volume of 410987 shares. The stock had previously closed at GBX 15.50.

First Property Group Stock Up 4.6%

The business’s 50-day simple moving average is GBX 15.34 and its 200 day simple moving average is GBX 14.76. The firm has a market cap of £25.13 million, a PE ratio of 10.37 and a beta of 0.45. The company has a current ratio of 0.48, a quick ratio of 0.97 and a debt-to-equity ratio of 22.87.

First Property Group (LON:FPO) last released its quarterly earnings data on Thursday, November 27th. The company reported GBX 0.79 earnings per share (EPS) for the quarter. First Property Group had a negative net margin of 31.04% and a negative return on equity of 5.93%. As a group, equities research 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.