First Property Group (LON:FPO) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

First Property Group plc (LON:FPO) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 14.72 ($0.18) and traded as high as GBX 15.42 ($0.19). First Property Group shares last traded at GBX 15.42 ($0.19), with a volume of 109,816 shares traded.

First Property Group Price Performance

The company has a 50 day moving average price of GBX 14.72 and a 200-day moving average price of GBX 16.25. The company has a market cap of £22.80 million, a price-to-earnings ratio of -385.58 and a beta of 0.45. The company has a quick ratio of 0.97, a current ratio of 0.52 and a debt-to-equity ratio of 25.87.

Insider Activity

In other news, insider Ben Habib bought 354,240 shares of First Property Group 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 ($66,644.93). Insiders own 42.08% of the company’s stock.

About First Property Group

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.