First Property Group (LON:FPO) Stock Price Up 12.2% – Here’s What Happened

Shares of First Property Group plc (LON:FPO) traded up 12.2% on Tuesday . The company traded as high as GBX 15.15 and last traded at GBX 15.15. Approximately 260,509 shares were traded during trading, an increase of 294% from the average daily volume of 66,192 shares. The stock had previously closed at GBX 13.50.

First Property Group Trading Up 12.2%

The company’s fifty day moving average is GBX 12.79 and its two-hundred day moving average is GBX 13.63. The company has a quick ratio of 0.97, a current ratio of 10.25 and a debt-to-equity ratio of 18.96. The stock has a market cap of £22.40 million, a price-to-earnings ratio of 8.37 and a beta of 0.23.

First Property Group (LON:FPO) last posted its quarterly earnings results on Thursday, June 25th. The company reported GBX 1.81 EPS for the quarter. The company had revenue of GBX 872 million during the quarter. First Property Group had a net margin of 30.77% and a return on equity of 5.63%. On average, research analysts predict that First Property Group plc will post 0.2694795 EPS for the current fiscal year.

First Property Group Company Profile

First Property Group plc is an award winning property fund manager and investor with operations in the United Kingdom and Central Europe. The Group’s focus is on higher yielding commercial property with sustainable cash flows. The company is flexible and takes an active approach to asset management. Its earnings are derived from:

1. Fund management – via its FCA regulated and AIFMD approved subsidiary, First Property Asset Management Ltd (FPAM), which earns fees from investing for third parties in property.