FRP Advisory Group (LON:FRP) Trading Up 1.9% – Should You Buy?

Posted by Defense World Staff on Dec 12th, 2024

FRP Advisory Group plc (LON:FRP – Get Free Report) was up 1.9% during mid-day trading on Wednesday . The stock traded as high as GBX 159.50 ($2.03) and last traded at GBX 158 ($2.02). Approximately 268,935 shares changed hands during trading, a decline of 59% from the average daily volume of 649,002 shares. The stock had previously closed at GBX 155 ($1.98).

FRP Advisory Group Stock Performance

The stock has a market cap of £387.29 million, a PE ratio of 1,755.56 and a beta of 0.48. The company has a fifty day moving average price of GBX 142.78 and a 200 day moving average price of GBX 138.29. 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 Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 21st will be issued a dividend of GBX 0.95 ($0.01) per share. The ex-dividend date is Thursday, November 21st. This represents a yield of 0.65%. FRP Advisory Group’s dividend payout ratio is currently 5,555.56%.

Insider Transactions at FRP Advisory Group

In other FRP Advisory Group news, insider David Chubb sold 35,000 shares of the firm’s stock in a transaction on Thursday, October 10th. The stock was sold at an average price of GBX 140 ($1.79), for a total transaction of £49,000 ($62,507.97). 10.82% of the stock is currently owned by company insiders.

About FRP Advisory Group

(Get Free Report)

FRP Advisory Group plc, together with 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.