First Property Group (LON:FPO) Stock: Insider Ben Habib Acquires 300,000 Shares

First Property Group plc (LON:FPO) insider Ben Habib acquired 300,000 shares of the company’s stock in a transaction on Tuesday, October 6th. The stock was acquired at an average price of GBX 15 per share, with a total value of £45,000.

Ben Habib also recently made the following trade(s):

• On Friday, September 25th, Ben Habib purchased 550,000 shares of First Property Group stock. The shares were bought at an average price of GBX 15 per share, for a total transaction of £82,500.
• On Thursday, September 24th, Ben Habib bought 100,000 shares of First Property Group stock. The shares were purchased at an average price of GBX 15 per share, for a total transaction of £15,000.
• On Tuesday, September 22nd, Ben Habib purchased 250,000 shares of First Property Group stock. The stock was purchased at an average cost of GBX 14 per share, for a total transaction of £35,000.

First Property Group Stock Down 1.5%

LON:FPO opened at GBX 15.26 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 price is GBX 13.61 and its 200-day moving average price is GBX 13.58. The company has a market capitalization of £22.56 million, a PE ratio of 8.43 and a beta of 0.24. First Property Group plc has a 1-year low of GBX 11 and a 1-year high of GBX 19.50.

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.