FRP Advisory Group (LON:FRP) Share Price Crosses Below 50 Day Moving Average – Here’s Why

FRP Advisory Group plc (LON:FRPGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 136.92 and traded as low as GBX 133. FRP Advisory Group shares last traded at GBX 133.99, with a volume of 870,653 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 220 price objective on shares of FRP Advisory Group in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 220.

View Our Latest Research Report on FRP

FRP Advisory Group Stock Performance

The company has a market cap of £334.64 million, a P/E ratio of 14.82 and a beta of 0.48. The business has a 50 day moving average price of GBX 136.92 and a two-hundred day moving average price of GBX 136.91. 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:FRPGet Free Report) last released its quarterly earnings data on Thursday, December 18th. The company reported GBX 6.35 earnings per share for the quarter. FRP Advisory Group had a return on equity of 30.26% and a net margin of 17.16%. On average, sell-side analysts anticipate that FRP Advisory Group plc will post 10.5042017 earnings per share for the current year.

About FRP Advisory Group

(Get Free Report)

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. We draw on experts within each of our service areas to put the best people in place for each circumstance.

Working across the board, from multinational organisations to small enterprises, we develop effective strategies for all kinds of businesses.

Further Reading

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