FRP Advisory Group (LON:FRP) Share Price Crosses Below Fifty Day Moving Average - What's Next?

FRP Advisory Group plc (LON:FRP - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 143.56 ($1.86) and traded as low as GBX 122 ($1.58). FRP Advisory Group shares last traded at GBX 123.50 ($1.60), with a volume of 240,176 shares.

FRP Advisory Group Price Performance

The company has a 50-day simple moving average of GBX 143.11 and a 200-day simple moving average of GBX 132.79. The stock has a market cap of £305.42 million, a PE ratio of 1,384.44 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 Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 21st will be issued 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 5,555.56%.

Insider Buying and Selling at FRP Advisory Group

In other FRP Advisory Group news, insider David Chubb sold 35,000 shares of the company's stock in a transaction on Thursday, October 10th. The stock was sold at an average price of GBX 140 ($1.82), for a total value of £49,000 ($63,619.84). In other FRP Advisory Group news, insider David Chubb sold 35,000 shares of the company's stock in a transaction on Thursday, October 10th. The stock was sold at an average price of GBX 140 ($1.82), for a total value of £49,000 ($63,619.84). Also, insider Gavin Jones sold 52,633 shares of the stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of GBX 129 ($1.67), for a total value of £67,896.57 ($88,154.47). 10.82% of the stock is owned by corporate insiders.

About FRP Advisory Group

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.