First Property Group (LON:FPO) Reaches New 52-Week Low – Here’s Why

First Property Group plc (LON:FPO) shares reached a new 52-week low on Friday . The stock traded as low as GBX 4 ($0.05) and last traded at GBX 14 ($0.17), with a volume of 75845 shares trading hands. The stock had previously closed at GBX 14.50 ($0.18).

First Property Group Stock Performance

The company has a debt-to-equity ratio of 25.87, a quick ratio of 0.97 and a current ratio of 0.52. The business’s fifty day simple moving average is GBX 14.84 and its 200-day simple moving average is GBX 16.06. The company has a market capitalization of £20.70 million, a P/E ratio of -350.00 and a beta of 0.45.

Insider Activity at First Property Group

In related news, insider Ben Habib acquired 354,240 shares of First Property Group stock in a transaction on Thursday, October 17th. The shares were bought at an average cost of GBX 15 ($0.19) per share, with a total value of £53,136 ($65,770.52). 42.08% of the stock is owned by corporate insiders.

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.