First Property Group (LON:FPO) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of First Property Group plc (LON:FPO) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 14.04 ($0.18) and traded as low as GBX 13.80 ($0.17). First Property Group shares last traded at GBX 14 ($0.18), with a volume of 45,000 shares traded.

First Property Group Price Performance

The business has a 50 day simple moving average of GBX 14.04 and a 200-day simple moving average of GBX 14.89. The stock has a market cap of £21.14 million, a P/E ratio of -6.62 and a beta of 0.45. The company has a debt-to-equity ratio of 22.87, a quick ratio of 0.97 and a current ratio of 0.48.

First Property Group (LON:FPO) last posted its earnings results on Thursday, November 21st. The company reported GBX 0.92 ($0.01) earnings per share for the quarter. First Property Group had a negative return on equity of 5.93% and a negative net margin of 31.04%. On average, sell-side analysts forecast that First Property Group plc will post 0.2694795 EPS for the current year.

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.