FRP Advisory Group (LON:FRP) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

FRP Advisory Group plc (LON:FRP)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 135.62 and traded as low as GBX 133. FRP Advisory Group shares last traded at GBX 133, with a volume of 362,064 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 220 price target on shares of FRP Advisory Group in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 220.

FRP Advisory Group Price Performance

The stock has a fifty day moving average of GBX 135.62 and a 200 day moving average of GBX 137.66. The stock has a market cap of £333.30 million, a price-to-earnings ratio of 14.76 and a beta of 0.48. The company has a debt-to-equity ratio of 14.51, a current ratio of 2.68 and a quick ratio of 2.12.

FRP Advisory Group (LON:FRP) last posted its quarterly earnings results on Thursday, December 18th. The company reported GBX 6.35 earnings per share (EPS) for the quarter. FRP Advisory Group had a net margin of 17.16% and a return on equity of 30.26%. On average, analysts expect that FRP Advisory Group plc will post 10.5042017 EPS for the current fiscal year.

About FRP Advisory Group

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. We draw on experts within each of our service areas to put the best people in place for each circumstance.

Working across the board, from multinational organisations to small enterprises, we develop effective strategies for all kinds of businesses.