First Property Group (LON:FPO) Reaches New 52-Week Low – Should You Sell?

First Property Group plc (LON:FPO)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 11 and last traded at GBX 11.80, with a volume of 301889 shares trading hands. The stock had previously closed at GBX 11.50.

First Property Group Stock Performance

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 stock has a 50-day moving average price of GBX 13.15 and a 200-day moving average price of GBX 14.71. The company has a market capitalization of £17.45 million, a price-to-earnings ratio of 6.52 and a beta of 0.24.

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