First Property Group (LON:FPO) Shares Pass Below 50-Day Moving Average – What’s Next?

First Property Group plc (LON:FPO)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 14.04 ($0.18) and traded as low as GBX 13.80 ($0.17). First Property Group shares last traded at GBX 14 ($0.18), with a volume of 45,000 shares.

First Property Group Price Performance

The firm has a market cap of £21.14 million, a P/E ratio of -6.62 and a beta of 0.45. The stock’s 50-day moving average is GBX 14.04 and its 200-day moving average is GBX 14.89. The company has a quick ratio of 0.97, a current ratio of 0.48 and a debt-to-equity ratio of 22.87.

First Property Group (LON:FPO) last posted its quarterly earnings data on Thursday, November 21st. The company reported GBX 0.92 ($0.01) earnings per share (EPS) for the quarter. First Property Group had a negative net margin of 31.04% and a negative return on equity of 5.93%. As a group, equities analysts anticipate 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.