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

First Property Group plc (LON:FPO)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 13.99 ($0.18) and traded as low as GBX 13.92 ($0.18). First Property Group shares last traded at GBX 13.92 ($0.18), with a volume of 24,483 shares changing hands.

First Property Group Price Performance

The company has a market capitalization of £21.14 million, a P/E ratio of -6.62 and a beta of 0.45. The company has a quick ratio of 0.97, a current ratio of 0.48 and a debt-to-equity ratio of 22.87. The firm has a fifty day simple moving average of GBX 13.98 and a 200-day simple moving average of GBX 14.71.

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.