FRP Advisory Group (LON:FRP) Share Price Passes Below 200 Day Moving Average - What's Next?

FRP Advisory Group plc (LON:FRP - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 139.27 ($1.85) and traded as low as GBX 133.20 ($1.77). FRP Advisory Group shares last traded at GBX 134 ($1.78), with a volume of 164,767 shares changing hands.

FRP Advisory Group Stock Performance

The company has a market capitalization of £340.05 million, a PE ratio of 14.78 and a beta of 0.48. 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 business's 50-day moving average is GBX 133.79 and its 200-day moving average is GBX 139.25.

FRP Advisory Group Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 15th will be given a GBX 0.95 ($0.01) dividend. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 0.67%. FRP Advisory Group's dividend payout ratio is currently 53.94%.

Insider Buying and Selling

In other news, insider David Chubb bought 22,871 shares of the firm's stock in a transaction on Monday, March 10th. The stock was acquired at an average cost of GBX 139 ($1.84) per share, with a total value of £31,790.69 ($42,185.10). 10.82% of the stock is currently owned by company insiders.

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.