First Property Group (LON:FPO) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Shares of First Property Group plc (LON:FPO) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 18.12 and traded as low as GBX 16.10. First Property Group shares last traded at GBX 17, with a volume of 17,100 shares.

First Property Group Price Performance

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 stock has a 50 day moving average of GBX 18.12 and a 200-day moving average of GBX 16.25. The firm has a market capitalization of £24.39 million, a P/E ratio of 10.86 and a beta of 0.45.

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

About First Property Group

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.