FRP Advisory Group (LON:FRP) Stock Price Passes Above 50-Day Moving Average – What’s Next?

FRP Advisory Group plc (LON:FRP) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 140.92 ($1.78) and traded as high as GBX 142.21 ($1.80). FRP Advisory Group shares last traded at GBX 142.21 ($1.80), with a volume of 420,541 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 220 ($2.78) price target on shares of FRP Advisory Group in a research report on Tuesday, December 17th.

FRP Advisory Group Stock Performance

The firm has a market capitalization of £352.99 million, a PE ratio of 15.34 and a beta of 0.48. The firm has a 50-day moving average price of GBX 140.64 and a 200 day moving average price of GBX 143.06. The company has a quick ratio of 2.12, a current ratio of 2.68 and a debt-to-equity ratio of 14.51.

FRP Advisory Group (LON:FRP) last released its earnings results on Tuesday, December 17th. The company reported GBX 6.19 ($0.08) earnings per share (EPS) for the quarter. FRP Advisory Group had a return on equity of 30.26% and a net margin of 17.16%. Research analysts expect that FRP Advisory Group plc will post 10.5042017 earnings per share for the current year.

FRP Advisory Group Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, February 20th will be issued a GBX 0.95 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a yield of 0.61%. FRP Advisory Group’s dividend payout ratio (DPR) is presently 53.94%.

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.