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

First Property Group plc (LON:FPO) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 15.61 ($0.20) and traded as low as GBX 13.50 ($0.18). First Property Group shares last traded at GBX 14.25 ($0.19), with a volume of 99,333 shares trading hands.

First Property Group Trading Down 3.4 %

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 firm has a market capitalization of £21.07 million, a price-to-earnings ratio of -356.25 and a beta of 0.45. The business has a fifty day moving average price of GBX 15.61 and a 200 day moving average price of GBX 17.78.

Insiders Place Their Bets

In other news, insider Peter Geoffrey Moon acquired 165,601 shares of First Property Group stock in a transaction dated Monday, September 23rd. The shares were acquired at an average cost of GBX 8 ($0.10) per share, with a total value of £13,248.08 ($17,338.15). 42.08% of the stock is currently owned by insiders.

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.