FRP Advisory Group (LON:FRP) Share Price Crosses Below 50 Day Moving Average - What's Next?

Shares of FRP Advisory Group plc (LON:FRP - Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 129.69 ($1.75) and traded as low as GBX 124.50 ($1.68). FRP Advisory Group shares last traded at GBX 128 ($1.72), with a volume of 689,507 shares trading hands.

FRP Advisory Group Price Performance

The company has a debt-to-equity ratio of 14.51, a quick ratio of 2.12 and a current ratio of 2.68. The firm has a market capitalization of £321.44 million, a P/E ratio of 13.97 and a beta of 0.48. The company has a 50-day moving average price of GBX 129.32 and a 200-day moving average price of GBX 138.22.

FRP Advisory Group Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, March 21st. Shareholders 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 was Thursday, February 20th. FRP Advisory Group's payout ratio is 53.94%.

Insider Transactions at FRP Advisory Group

In other news, insider David Chubb bought 22,871 shares of the business's stock in a transaction on Monday, March 10th. The shares were bought at an average cost of GBX 139 ($1.87) per share, for a total transaction of £31,790.69 ($42,775.42). Corporate insiders own 10.82% of the company's stock.

FRP Advisory Group Company Profile

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.