FRP Advisory Group (LON:FRP) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

FRP Advisory Group plc (LON:FRP) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 113.68 and traded as high as GBX 115. FRP Advisory Group shares last traded at GBX 113, with a volume of 435,433 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 220 target price on shares of FRP Advisory Group in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 220.

FRP Advisory Group Stock Up 0.9%

The company has a debt-to-equity ratio of 9.25, a quick ratio of 2.12 and a current ratio of 45.41. The stock has a market cap of £281.68 million, a price-to-earnings ratio of 12.61 and a beta of 0.26. The firm’s 50-day simple moving average is GBX 113.68 and its two-hundred day simple moving average is GBX 118.34.

FRP Advisory Group (LON:FRP) last announced its earnings results on Wednesday, July 22nd. The company reported GBX 11.92 earnings per share for the quarter. FRP Advisory Group had a net margin of 14.80% and a return on equity of 24.47%. On average, sell-side analysts expect that FRP Advisory Group plc will post 10.5042017 EPS for the current fiscal year.

About FRP Advisory Group

FRP provide solutions to create, preserve and recover value across a range of complex situations.

Specialising in forensics, corporate finance, debt, restructuring and financial advisory, we deliver strategic solutions across a broad range of situations. Our five pillar services complement each other. We draw on experts within each of our service areas to put the best people in place for each circumstance.

Working across the board, from multinational organisations to small enterprises, we develop effective strategies for all kinds of businesses.