FRP Advisory Group (LON:FRP) Hits New 12-Month High at $154.00

Posted by Christopher Mengel on Aug 22nd, 2024

FRP Advisory Group plc (LON:FRP – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 154 ($2.00) and last traded at GBX 147 ($1.91), with a volume of 368337 shares traded. The stock had previously closed at GBX 154 ($2.00).

FRP Advisory Group Stock Performance

The company has a current ratio of 2.68, a quick ratio of 2.12 and a debt-to-equity ratio of 14.51. The company’s 50 day moving average is GBX 131.23 and its 200-day moving average is GBX 125.18. The company has a market capitalization of £359.84 million, a P/E ratio of 1,677.78 and a beta of 0.46.

FRP Advisory Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 26th will be paid a GBX 2.30 ($0.03) dividend. This represents a dividend yield of 1.76%. This is a positive change from FRP Advisory Group’s previous dividend of $0.90. The ex-dividend date is Thursday, September 26th. FRP Advisory Group’s dividend payout ratio (DPR) is presently 5,555.56%.

Insider Buying and Selling

In other FRP Advisory Group news, insider Gavin Jones sold 52,633 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of GBX 129 ($1.68), for a total transaction of £67,896.57 ($88,223.19). 10.79% of the stock is owned by company insiders.

About FRP Advisory Group

(Get Free Report)

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.