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

First Property Group plc (LON:FPO)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 14.74 ($0.19) and traded as low as GBX 13.60 ($0.18). First Property Group shares last traded at GBX 14.50 ($0.19), with a volume of 6,557 shares.

First Property Group Stock Performance

The company has a debt-to-equity ratio of 25.87, a quick ratio of 0.97 and a current ratio of 0.52. The company has a market cap of £20.33 million, a P/E ratio of -343.75 and a beta of 0.45. The firm has a 50 day moving average price of GBX 14.64 and a 200-day moving average price of GBX 17.42.

Insider Buying and Selling at First Property Group

In other First Property Group news, insider Peter Geoffrey Moon acquired 165,601 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were acquired at an average cost of GBX 8 ($0.10) per share, for a total transaction of £13,248.08 ($17,200.83). In other news, insider Ben Habib acquired 354,240 shares of the firm’s stock in a transaction dated Thursday, October 17th. The shares were bought at an average price of GBX 15 ($0.19) per share, with a total value of £53,136 ($68,989.87). Also, insider Peter Geoffrey Moon purchased 165,601 shares of the firm’s stock in a transaction on Monday, September 23rd. The shares were acquired at an average price of GBX 8 ($0.10) per share, for a total transaction of £13,248.08 ($17,200.83). Corporate insiders own 42.08% of the company’s stock.

About First Property Group

First Property Group plc is a real estate investment firm. It provides fund management, financial, and technical services to the property industry in the United Kingdom and other European countries. The firm manages commercial properties of various fund investors, as well as involves in property investment and trading, property equity finance, and online activities.