FRP Advisory Group (LON:FRP) Share Price Passes Above 200-Day Moving Average – What’s Next?

Posted by MarketBeat News on Jan 3rd, 2025

FRP Advisory Group plc (LON:FRP – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 140.10 ($1.73) and traded as high as GBX 148 ($1.83). FRP Advisory Group shares last traded at GBX 145.75 ($1.80), with a volume of 78,626 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 220 ($2.72) target price on shares of FRP Advisory Group in a research report on Tuesday, December 17th.

Read Our Latest Analysis on FRP Advisory Group

FRP Advisory Group Stock Performance

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The company has a 50-day simple moving average of GBX 146.42 and a two-hundred day simple moving average of GBX 140.10. 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 firm has a market capitalization of £356.36 million, a P/E ratio of 1,615.33 and a beta of 0.48.

FRP Advisory Group Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, February 20th will be given a dividend of GBX 0.95 ($0.01) per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a dividend yield of 0.61%. FRP Advisory Group’s dividend payout ratio is presently 5,555.56%.

Insiders Place Their Bets

In other FRP Advisory Group news, insider David Chubb sold 35,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of GBX 140 ($1.73), for a total value of £49,000 ($60,651.07). 10.82% of the stock is owned by corporate insiders.

FRP Advisory Group Company Profile

(Get Free Report)

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.