FRP Advisory Group (LON:FRP) Stock Crosses Above 50-Day Moving Average of $127.49

FRP Advisory Group plc (LON:FRP)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 127.49 ($1.64) and traded as high as GBX 130.88 ($1.68). FRP Advisory Group shares last traded at GBX 130 ($1.67), with a volume of 349,996 shares traded.

FRP Advisory Group Price Performance

The company has a fifty day moving average of GBX 127.49 and a 200-day moving average of GBX 123.38. The firm has a market cap of £333.40 million, a P/E ratio of 2,166.67 and a beta of 0.41. The company has a debt-to-equity ratio of 14.96, a current ratio of 2.83 and a quick ratio of 2.12.

FRP Advisory Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 26th will be issued a dividend of GBX 2.30 ($0.03) per share. The ex-dividend date is Thursday, September 26th. This represents a yield of 1.76%. This is an increase from FRP Advisory Group’s previous dividend of $0.90. FRP Advisory Group’s dividend payout ratio is 8,333.33%.

About FRP Advisory Group

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.