First Property Group (LON:FPO) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

First Property Group plc (LON:FPO)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 17.67 and traded as high as GBX 19. First Property Group shares last traded at GBX 19, with a volume of 38,535 shares changing hands.

First Property Group Price Performance

The company’s 50-day moving average is GBX 17.67 and its 200-day moving average is GBX 16.04. The firm has a market cap of £28.09 million, a price-to-earnings ratio of 12.50 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 earnings results on Thursday, November 27th. The company reported GBX 0.79 earnings per share for the quarter. First Property Group had a negative return on equity of 5.93% and a negative net margin of 31.04%. Equities research 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.