FRP Advisory Group (LON:FRP) Trading 1.9% Higher - Should You Buy?

FRP Advisory Group plc (LON:FRP - Get Free Report)'s share price traded up 1.9% during trading on Wednesday . The stock traded as high as GBX 159.50 ($2.02) and last traded at GBX 158 ($2.00). 268,935 shares were traded during mid-day trading, a decline of 59% from the average session volume of 649,002 shares. The stock had previously closed at GBX 155 ($1.96).

FRP Advisory Group Stock Down 0.9 %

The stock has a market capitalization of £383.61 million, a P/E ratio of 1,736.11 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. The firm has a 50-day simple moving average of GBX 143.14 and a 200 day simple moving average of GBX 138.42.

FRP Advisory Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 21st will be given a GBX 0.95 ($0.01) dividend. This represents a yield of 0.65%. The ex-dividend date is Thursday, November 21st. FRP Advisory Group's dividend payout ratio (DPR) is currently 5,555.56%.

Insider Activity

In other news, insider David Chubb sold 35,000 shares of the stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of GBX 140 ($1.77), for a total value of £49,000 ($62,111.80). Insiders own 10.82% of the company's stock.

FRP Advisory Group Company Profile

FRP Advisory Group plc, together with its subsidiaries, provides business advisory services to companies, lenders, investors, individuals, and other stakeholders. The company's services include corporate finance advisory services comprising mergers and acquisitions (M&A), strategic advisory and valuations, capital raising, special situations M&A, partial exits, and financial due diligence; and debt advisory services, such as asset based lending, raising and refinancing debt, debt amendments and extensions, restructuring debt, and corporate and leveraged debt advisory.