First Property Group (LON:FPO) Reaches New 52-Week High – Time to Buy?

First Property Group plc (LON:FPO)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 19.50 and last traded at GBX 19.50, with a volume of 47822 shares traded. The stock had previously closed at GBX 18.25.

First Property Group Trading Up 6.8%

The firm’s 50-day moving average price is GBX 15.62 and its 200 day moving average price is GBX 14.99. The company has a market cap of £28.83 million, a price-to-earnings ratio of 12.83 and a beta of 0.45. The company has a current ratio of 0.48, a quick ratio of 0.97 and a debt-to-equity ratio of 22.87.

First Property Group (LON:FPO) last posted its quarterly earnings results on Thursday, November 27th. The company reported GBX 0.79 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 expect that First Property Group plc will post 0.2694795 EPS for the current year.

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.