First Property Group (LON:FPO) Trading Up 4.3% – Time to Buy?

Shares of First Property Group plc (LON:FPO) shot up 4.3% during trading on Thursday . The company traded as high as GBX 14.70 ($0.19) and last traded at GBX 14.70 ($0.19). 65,407 shares were traded during mid-day trading, an increase of 15% from the average session volume of 57,093 shares. The stock had previously closed at GBX 14.10 ($0.18).

First Property Group Price Performance

The stock has a market capitalization of £21.73 million, a PE ratio of -367.50 and a beta of 0.45. The firm’s fifty day moving average price is GBX 14.66 and its two-hundred day moving average price is GBX 16.52. The company has a quick ratio of 0.97, a current ratio of 0.52 and a debt-to-equity ratio of 25.87.

Insiders Place Their Bets

In other First Property Group news, insider Peter Geoffrey Moon acquired 165,601 shares of the business’s stock in a transaction dated Monday, September 23rd. The stock was purchased at an average price of GBX 8 ($0.10) per share, with a total value of £13,248.08 ($16,793.10). Also, insider Ben Habib bought 354,240 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The stock was bought at an average cost of GBX 15 ($0.19) per share, for a total transaction of £53,136 ($67,354.54). 42.08% of the stock is currently owned by insiders.

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.