First Property Group (LON:FPO) Shares Pass Below 50-Day Moving Average – What’s Next?

Shares of First Property Group plc (LON:FPO) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 18.01 and traded as low as GBX 16.02. First Property Group shares last traded at GBX 16.02, with a volume of 15,198 shares traded.

First Property Group Stock Performance

The stock has a market capitalization of £24.39 million, a PE ratio of 10.86 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. The firm has a 50-day moving average price of GBX 18.04 and a 200-day moving average price of GBX 16.18.

First Property Group (LON:FPO) last posted its quarterly earnings results on Thursday, November 27th. The company reported GBX 0.79 earnings per share 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 analysts forecast that First Property Group plc will post 0.2694795 EPS for the current fiscal 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.