FRP Advisory Group (LON:FRP) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of FRP Advisory Group plc (LON:FRP) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 141.83 and traded as low as GBX 139. FRP Advisory Group shares last traded at GBX 140.10, with a volume of 485,656 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 220 price target on shares of FRP Advisory Group in a research report on Tuesday, September 2nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 220.

FRP Advisory Group Trading Up 0.1%

The company has a market cap of £361.22 million, a price-to-earnings ratio of 15.69 and a beta of 0.48. The company has a current ratio of 2.68, a quick ratio of 2.12 and a debt-to-equity ratio of 14.51. The firm’s 50-day moving average price is GBX 141.83 and its 200 day moving average price is GBX 132.80.

Insider Transactions at FRP Advisory Group

In other FRP Advisory Group news, insider Gavin Jones sold 44,080 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of GBX 137, for a total value of £60,389.60. 4.26% of the stock is currently owned by corporate insiders.

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.