First Property Group (LON:FPO) Hits New 12-Month Low – What’s Next?

First Property Group plc (LON:FPO)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 11 and last traded at GBX 11.80, with a volume of 301889 shares. The stock had previously closed at GBX 11.50.

First Property Group Trading Up 2.6%

The firm has a market cap of £17.45 million, a price-to-earnings ratio of 6.52 and a beta of 0.24. The company has a debt-to-equity ratio of 18.96, a current ratio of 10.25 and a quick ratio of 0.97. The business has a 50-day moving average of GBX 13.15 and a 200-day moving average of GBX 14.71.

First Property Group (LON:FPO) last issued its quarterly earnings results on Thursday, June 25th. The company reported GBX 1.81 EPS for the quarter. The firm had revenue of GBX 872 million during the quarter. First Property Group had a return on equity of 5.63% and a net margin of 30.77%. Research analysts anticipate 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. 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.