FRP Advisory Group (LON:FRP) Trading Down 1.5% - Here's Why

Key Points

• FRP Advisory Group's share price decreased by 1.5%, trading at GBX 145.31 ($1.93) after hitting a low of GBX 145 ($1.93) during the day.
• Berenberg Bank reissued a "buy" rating for the stock with a price target of GBX 220, contributing to its overall consensus rating of "Buy".
• In a recent insider transaction, an insider sold 44,080 shares at an average price of GBX 137, amounting to a total transaction value of £60,389.60.

FRP Advisory Group plc (LON:FRP - Get Free Report)'s share price fell 1.5% during trading on Friday . The stock traded as low as GBX 145 ($1.93) and last traded at GBX 145.31 ($1.93). 1,702,912 shares were traded during mid-day trading, an increase of 126% from the average session volume of 753,790 shares. The stock had previously closed at GBX 147.50 ($1.96).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 220 price target on shares of FRP Advisory Group in a report on Tuesday, September 2nd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of GBX 220.

FRP Advisory Group Stock Down 1.5%

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 company has a market capitalization of £374.66 million, a price-to-earnings ratio of 16.27 and a beta of 0.48. The stock's fifty day simple moving average is GBX 140.29 and its two-hundred day simple moving average is GBX 131.72.

FRP Advisory Group (LON:FRP - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The company reported GBX 11.06 earnings per share (EPS) for the quarter. FRP Advisory Group had a return on equity of 30.26% and a net margin of 17.16%. On average, sell-side analysts anticipate that FRP Advisory Group plc will post 10.5042017 EPS for the current year.

Insider Transactions at FRP Advisory Group

In other FRP Advisory Group news, insider Gavin Jones sold 44,080 shares of the business's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of GBX 137, for a total transaction of £60,389.60. Insiders own 4.26% 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.

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