First Property Group (LON:FPO) Stock Price Up 12.2% – Should You Buy?

First Property Group plc (LON:FPO)’s stock price rose 12.2% on Tuesday . The stock traded as high as GBX 15.15 and last traded at GBX 15.15. 260,509 shares were traded during trading, an increase of 294% from the average daily volume of 66,192 shares. The stock had previously closed at GBX 13.50.

First Property Group Price Performance

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 stock’s 50-day moving average is GBX 12.79 and its 200 day moving average is GBX 13.63. The stock has a market capitalization of £22.40 million, a PE ratio of 8.37 and a beta of 0.23.

First Property Group (LON:FPO) last announced its quarterly earnings results on Thursday, June 25th. The company reported GBX 1.81 earnings per share for the quarter. The firm 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%. As a group, equities 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.