FRP Advisory Group (LON:FRP) Shares Cross Below Fifty Day Moving Average - Time to Sell?

FRP Advisory Group plc (LON:FRP - Get Free Report)'s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 147.94 ($1.81) and traded as low as GBX 138.50 ($1.70). FRP Advisory Group shares last traded at GBX 138.50 ($1.70), with a volume of 297,270 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 220 ($2.69) price objective on shares of FRP Advisory Group in a research note on Tuesday, December 17th.

FRP Advisory Group Stock Down 0.4 %

The firm has a 50-day simple moving average of GBX 147.77 and a 200 day simple moving average of GBX 141.12. The stock has a market capitalization of £338.27 million, a P/E ratio of 1,533.33 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 Announces Dividend

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

FRP Advisory Group Company Profile

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.