FRP Advisory Group (LON:FRP) Stock Passes Above 50-Day Moving Average of $141.12

FRP Advisory Group plc (LON:FRP) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 141.12 ($1.86) and traded as high as GBX 147.75 ($1.95). FRP Advisory Group shares last traded at GBX 142.80 ($1.89), with a volume of 304,110 shares.

FRP Advisory Group Stock Performance

The company has a debt-to-equity ratio of 14.51, a current ratio of 2.68 and a quick ratio of 2.12. The company’s 50-day moving average price is GBX 141.80 and its two-hundred day moving average price is GBX 128.74. The company has a market capitalization of £360.33 million, a price-to-earnings ratio of 1,633.33 and a beta of 0.48.

FRP Advisory Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, September 26th will be issued a GBX 2.30 ($0.03) dividend. This represents a yield of 1.76%. This is a boost from FRP Advisory Group’s previous dividend of $0.90. The ex-dividend date of this dividend is Thursday, September 26th. FRP Advisory Group’s dividend payout ratio (DPR) is presently 5,555.56%.

Insiders Place Their Bets

In other FRP Advisory Group news, insider Gavin Jones sold 52,633 shares of the firm’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of GBX 129 ($1.70), for a total value of £67,896.57 ($89,691.64). Corporate insiders own 10.82% of the company’s stock.

FRP Advisory Group Company Profile

FRP Advisory Group plc, together with its subsidiaries, provides business advisory services to companies, lenders, investors, individuals, and other stakeholders. The company's services include corporate finance advisory services comprising mergers and acquisitions (M&A), strategic advisory and valuations, capital raising, special situations M&A, partial exits, and financial due diligence; and debt advisory services, such as asset based lending, raising and refinancing debt, debt amendments and extensions, restructuring debt, and corporate and leveraged debt advisory.