FRP Advisory Group (LON:FRP) Stock Price Up 10.5% – Time to Buy?

FRP Advisory Group plc (LON:FRP) shares rose 10.5% during mid-day trading on Friday . The stock traded as high as GBX 144.22 ($1.94) and last traded at GBX 144.22 ($1.94). Approximately 377,579 shares changed hands during trading, a decline of 42% from the average daily volume of 655,319 shares. The stock had previously closed at GBX 130.50 ($1.76).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 220 price objective on shares of FRP Advisory Group in a report on Tuesday, September 2nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 220.

FRP Advisory Group Trading Up 1.7%

The company’s 50 day moving average price is GBX 135.36 and its two-hundred day moving average price is GBX 130.38. The stock has a market capitalization of £377.73 million, a PE ratio of 1,640.54 and a beta of 0.48. The company has a debt-to-equity ratio of 14.51, a current ratio of 2.68 and a quick ratio of 2.12.

FRP Advisory Group (LON:FRP) last announced its earnings results on Wednesday, July 23rd. The company reported GBX 11.06 earnings per share (EPS) for the quarter. FRP Advisory Group had a net margin of 17.16% and a return on equity of 30.26%. As a group, analysts expect that FRP Advisory Group plc will post 10.5042017 earnings per share for the current year.

Insider Activity

In other news, insider Gavin Jones sold 44,080 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of GBX 137, for a total value of £60,389.60. Insiders own 4.24% of the company’s stock.

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.