First Property Group (LON:FPO) Shares Pass Below 50-Day Moving Average – Here’s Why

First Property Group plc (LON:FPO)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 14.74 ($0.19) and traded as low as GBX 13.60 ($0.18). First Property Group shares last traded at GBX 14.50 ($0.19), with a volume of 6,557 shares changing hands.

First Property Group Trading Up 5.5 %

The company has a market cap of £21.44 million, a PE ratio of -362.50 and a beta of 0.45. The company has a debt-to-equity ratio of 25.87, a current ratio of 0.52 and a quick ratio of 0.97. The company has a 50-day moving average of GBX 14.74 and a 200 day moving average of GBX 17.46.

Insider Buying and Selling

In other news, insider Ben Habib acquired 354,240 shares of the firm’s stock in a transaction on Thursday, October 17th. The stock was acquired at an average price of GBX 15 ($0.19) per share, with a total value of £53,136 ($68,989.87). In other news, insider Peter Geoffrey Moon acquired 165,601 shares of the firm’s stock in a transaction on Monday, September 23rd. The stock was acquired at an average price of GBX 8 ($0.10) per share, with a total value of £13,248.08 ($17,200.83). Also, insider Ben Habib purchased 354,240 shares of the firm’s stock in a transaction dated Thursday, October 17th. The shares were bought at an average cost of GBX 15 ($0.19) per share, with a total value of £53,136 ($68,989.87). 42.08% of the stock is currently owned by company insiders.

First Property Group Company Profile

First Property Group plc is a real estate investment firm. It provides fund management, financial, and technical services to the property industry in the United Kingdom and other European countries. The firm manages commercial properties of various fund investors, as well as involves in property investment and trading, property equity finance, and online activities.