First Property Group (LON:FPO) Sets New 12-Month High – Still a Buy?

First Property Group plc (LON:FPO) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 19.50 and last traded at GBX 19.50, with a volume of 408 shares trading hands. The stock had previously closed at GBX 19.

First Property Group Trading Up 2.6%

The stock has a fifty day simple moving average of GBX 16.86 and a 200 day simple moving average of GBX 15.68. The company has a debt-to-equity ratio of 22.87, a quick ratio of 0.97 and a current ratio of 0.48. The firm has a market cap of £28.83 million, a P/E ratio of 12.83 and a beta of 0.45.

First Property Group (LON:FPO) last announced its quarterly earnings results on Thursday, November 27th. The company reported GBX 0.79 earnings per share (EPS) for the quarter. First Property Group had a negative return on equity of 5.93% and a negative net margin of 31.04%. On average, research analysts expect that First Property Group plc will post 0.2694795 earnings per share for the current fiscal year.

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. Fund management – via its FCA regulated and AIFMD approved subsidiary, First Property Asset Management Ltd (FPAM), which earns fees from investing for third parties in property.