FRP Advisory Group (LON:FRP) Stock Passes Above 50-Day Moving Average – Here’s What Happened

FRP Advisory Group plc (LON:FRPGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 114.92 and traded as high as GBX 120. FRP Advisory Group shares last traded at GBX 118.81, with a volume of 274,131 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 220 target price on shares of FRP Advisory Group in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, FRP Advisory Group has a consensus rating of “Buy” and a consensus target price of GBX 220.

Get Our Latest Analysis on FRP Advisory Group

FRP Advisory Group Stock Performance

The company’s fifty day simple moving average is GBX 114.92 and its two-hundred day simple moving average is GBX 117.16. The company has a debt-to-equity ratio of 9.25, a quick ratio of 2.12 and a current ratio of 45.41. The stock has a market capitalization of £293.58 million, a P/E ratio of 11.58 and a beta of 0.26.

FRP Advisory Group (LON:FRPGet Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported GBX 11.92 earnings per share (EPS) for the quarter. FRP Advisory Group had a return on equity of 24.47% and a net margin of 14.80%. As a group, equities analysts forecast that FRP Advisory Group plc will post 10.5042017 EPS for the current year.

FRP Advisory Group Company Profile

(Get Free Report)

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.

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