First Property Group (LON:FPO) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

First Property Group plc (LON:FPO)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 13.99 ($0.18) and traded as low as GBX 13.92 ($0.18). First Property Group shares last traded at GBX 13.92 ($0.18), with a volume of 24,483 shares.

First Property Group Price Performance

The firm’s 50-day moving average price is GBX 13.99 and its 200-day moving average price is GBX 14.74. The company has a current ratio of 0.48, a quick ratio of 0.97 and a debt-to-equity ratio of 22.87. The stock has a market capitalization of £21.14 million, a PE ratio of -6.62 and a beta of 0.45.

About First Property Group

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.