FRP Advisory Group (LON:FRP) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

FRP Advisory Group plc (LON:FRP)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 142.51 ($1.77) and traded as low as GBX 132.55 ($1.65). FRP Advisory Group shares last traded at GBX 133.50 ($1.66), with a volume of 512,122 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 220 ($2.74) price objective on shares of FRP Advisory Group in a research report on Tuesday, December 17th.

FRP Advisory Group Trading Down 0.2 %

The stock has a market cap of £326.69 million, a PE ratio of 1,480.86 and a beta of 0.48. The business has a 50-day moving average of GBX 142.97 and a 200 day moving average of GBX 142.51. The company has a debt-to-equity ratio of 14.51, a quick ratio of 2.12 and a current ratio of 2.68.

FRP Advisory Group (LON:FRP) last posted its quarterly earnings data on Tuesday, December 17th. The company reported GBX 6.19 ($0.08) EPS for the quarter. FRP Advisory Group had a return on equity of 31.21% and a net margin of 17.16%. Equities research analysts predict that FRP Advisory Group plc will post 10.5042017 EPS for the current fiscal year.

FRP Advisory Group Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, February 20th will be issued a GBX 0.95 ($0.01) dividend. This represents a yield of 0.61%. The ex-dividend date of this dividend is Thursday, February 20th. FRP Advisory Group’s dividend payout ratio (DPR) is 5,555.56%.

FRP Advisory Group Company Profile

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.