First Property Group (LON:FPO) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

First Property Group plc (LON:FPO) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 14.84 ($0.18) and traded as low as GBX 14.06 ($0.17). First Property Group shares last traded at GBX 14.30 ($0.18), with a volume of 83,671 shares changing hands.

First Property Group Price 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 £20.70 million, a price-to-earnings ratio of -350.00 and a beta of 0.45. The business has a fifty day moving average price of GBX 14.84 and a 200 day moving average price of GBX 16.06.

Insider Activity

In related news, insider Ben Habib purchased 354,240 shares of the stock in a transaction dated Thursday, October 17th. The stock was bought at an average cost of GBX 15 ($0.19) per share, for a total transaction of £53,136 ($65,770.52). 42.08% of the stock is currently owned by corporate insiders.

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.