Insider Buying: FRP Advisory Group plc (LON:FRP) Insider Acquires 68,181 Shares of Stock

FRP Advisory Group plc (LON:FRP – Get Rating) insider Gavin Jones acquired 68,181 shares of FRP Advisory Group stock in a transaction that occurred on Thursday, March 9th. The shares were purchased at an average price of GBX 110 ($1.32) per share, with a total value of £74,999.10 ($90,186.51).

FRP Advisory Group Stock Performance

Shares of LON FRP opened at GBX 116 ($1.39) on Monday. The company’s fifty day moving average price is GBX 142.64 and its 200 day moving average price is GBX 154.12. FRP Advisory Group plc has a 1 year low of GBX 110 ($1.32) and a 1 year high of GBX 173 ($2.08). The company has a market capitalization of £289.14 million, a PE ratio of 2,320.00 and a beta of 0.32. The company has a debt-to-equity ratio of 29.38, a quick ratio of 2.12 and a current ratio of 2.12.

FRP Advisory Group Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 16th. Shareholders of record on Thursday, May 18th will be issued a dividend of GBX 0.85 ($0.01) per share. This represents a yield of 0.62%. The ex-dividend date of this dividend is Thursday, May 18th. FRP Advisory Group’s payout ratio is 8,000.00%.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 180 ($2.16) price target on shares of FRP Advisory Group in a research note on Monday, February 13th.

FRP Advisory Group Company Profile

(Get Rating)

FRP Advisory Group plc, through its subsidiaries, provides business advisory services to companies, lenders, investors, individuals, and other stakeholders. The company's services include corporate finance advisory services comprising mergers and acquisitions (M&A), strategic advisory and valuations, capital raising, special situations M&A, partial exits, and financial due diligence; and debt advisory services, such as asset based lending, raising and refinancing debt, debt amendments and extensions, restructuring debt, and corporate and leveraged debt advisory.