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

First Property Group plc (LON:FPO) insider Ben Habib purchased 550,000 shares of the stock in a transaction dated Friday, September 25th. The shares were purchased at an average cost 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 acquired 100,000 shares of First Property Group stock. The stock was purchased at an average cost 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 shares were purchased at an average price of GBX 14 per share, with a total value of £35,000.

First Property Group Price Performance

Shares of FPO stock opened at GBX 15 on Friday. The company has a debt-to-equity ratio of 18.96, a current ratio of 10.25 and a quick ratio of 0.97. The firm’s 50-day moving average is GBX 12.94 and its two-hundred day moving average 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 market capitalization of £22.18 million, a PE ratio of 8.29 and a beta of 0.24.

First Property Group (LON:FPO) last posted its quarterly earnings results on Thursday, June 25th. The company reported GBX 1.81 earnings per share for the quarter. The business had revenue of GBX 872 million during the quarter. First Property Group had a net margin of 30.77% and a return on equity of 5.63%. Analysts predict 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.