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

Shares of First Property Group plc (LON:FPOGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 trading hands.

First Property Group Stock Down 5.2 %

The stock’s fifty day simple moving average is GBX 14.64 and its two-hundred day simple moving average is GBX 17.42. The company has a debt-to-equity ratio of 25.87, a current ratio of 0.52 and a quick ratio of 0.97. The company has a market capitalization of £20.33 million, a price-to-earnings ratio of -343.75 and a beta of 0.45.

Insiders Place Their Bets

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

About First Property Group

(Get Free Report)

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.

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