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

FRP Advisory Group plc (LON:FRP)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty 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 changing hands.

Analyst Ratings Changes

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

FRP Advisory Group Stock Performance

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

FRP Advisory Group (LON:FRP) last posted 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%. As a group, sell-side analysts forecast that FRP Advisory Group plc will post 10.5042017 EPS for the current year.

FRP Advisory Group Dividend Announcement

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

About FRP Advisory Group

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.