First Property Group (LON:FPO) Posts Earnings Results

First Property Group (LON:FPO) released its earnings results on Thursday. The company reported GBX 1.81 earnings per share (EPS) for the quarter, Digital Look Earnings reports. First Property Group had a return on equity of 4.93% and a net margin of 31.27%.The firm had revenue of GBX 872 million during the quarter.

First Property Group Trading Up 2.4%

Shares of First Property Group stock traded up GBX 0.33 on Thursday, reaching GBX 13.82. The company had a trading volume of 235,547 shares, compared to its average volume of 60,713. The firm’s 50-day moving average price is GBX 14.15 and its two-hundred day moving average price is GBX 15.81. The firm has a market cap of £20.43 million, a price-to-earnings ratio of 9.09 and a beta of 0.26. The company has a debt-to-equity ratio of 19.98, a current ratio of 1.79 and a quick ratio of 0.97. First Property Group has a 1 year low of GBX 12.50 and a 1 year high of GBX 19.50.

About First Property Group

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. Fund management – via its FCA regulated and AIFMD approved subsidiary, First Property Asset Management Ltd (FPAM), which earns fees from investing for third parties in property.