First Property Group (LON:FPO) Stock Passes Above 50-Day Moving Average of $50.52

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First Property Group PLC (LON:FPO) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $50.52 and traded as high as $50.40. First Property Group shares last traded at $50.40, with a volume of 39,880 shares.

The company has a quick ratio of 1.02, a current ratio of 2.26 and a debt-to-equity ratio of 144.05. The company has a market capitalization of $55.68 million and a PE ratio of 10.42.

The company also recently announced a dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, August 22nd will be paid a dividend of GBX 1.22 ($0.02) per share. This is a positive change from First Property Group’s previous dividend of $0.44. The ex-dividend date is Thursday, August 22nd. This represents a yield of 2.54%. First Property Group’s dividend payout ratio is presently 0.42%.

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About First Property Group (LON:FPO)

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.

Read More: Compound Annual Growth Rate (CAGR)

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