FRP Advisory Group (LON:FRP) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

FRP Advisory Group plc (LON:FRP) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 146.37 ($1.81) and traded as low as GBX 134 ($1.66). FRP Advisory Group shares last traded at GBX 135.50 ($1.68), with a volume of 878,397 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 220 ($2.73) target price on shares of FRP Advisory Group in a report on Tuesday, December 17th.

FRP Advisory Group Stock Performance

The company has a quick ratio of 2.12, a current ratio of 2.68 and a debt-to-equity ratio of 14.51. The firm has a 50-day simple moving average of GBX 145.68 and a 200 day simple moving average of GBX 142.30. The company has a market cap of £330.91 million, a price-to-earnings ratio of 1,500.00 and a beta of 0.48.

FRP Advisory Group (LON:FRP) last released its quarterly earnings results on Tuesday, December 17th. The company reported GBX 6.19 ($0.08) EPS for the quarter. FRP Advisory Group had a net margin of 17.16% and a return on equity of 31.21%. On average, sell-side analysts predict that FRP Advisory Group plc will post 10.5042017 earnings per share for the current fiscal year.

FRP Advisory Group Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, February 20th will be given a dividend of GBX 0.95 ($0.01) per share. The ex-dividend date is Thursday, February 20th. This represents a yield of 0.61%. FRP Advisory Group’s payout ratio 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.