FRP Advisory Group (LON:FRP) Shares Pass Below 50-Day Moving Average - What's Next?

FRP Advisory Group plc (LON:FRP - Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 131.36 ($1.78) and traded as low as GBX 122 ($1.65). FRP Advisory Group shares last traded at GBX 124.98 ($1.69), with a volume of 855,872 shares changing hands.

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 business has a 50 day moving average of GBX 130.71 and a 200-day moving average of GBX 138.80. The stock has a market cap of £307.79 million, a PE ratio of 13.38 and a beta of 0.48.

FRP Advisory Group Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Thursday, February 20th were paid a GBX 0.95 ($0.01) dividend. This represents a yield of 0.61%. The ex-dividend date of this dividend was Thursday, February 20th. FRP Advisory Group's payout ratio is currently 53.94%.

Insider Activity

In other news, insider David Chubb acquired 22,871 shares of FRP Advisory Group stock in a transaction that occurred on Monday, March 10th. The shares were acquired at an average price of GBX 139 ($1.88) per share, with a total value of £31,790.69 ($43,036.00). Company insiders own 10.82% of the company's stock.

About FRP Advisory Group

FRP provide solutions to create, preserve and recover value across a range of complex situations. Specialising in forensics, corporate finance, debt, restructuring and financial advisory, we deliver strategic solutions across a broad range of situations. Our five pillar services complement each other.