FRP Advisory Group (LON:FRP) Stock Crosses Above 50-Day Moving Average – What’s Next?

Shares of FRP Advisory Group plc (LON:FRPGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 114.04 and traded as high as GBX 120. FRP Advisory Group shares last traded at GBX 119, with a volume of 6,132,526 shares traded.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 220 target price on shares of FRP Advisory Group in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating, According to 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 Down 0.9%

The company has a current ratio of 45.41, a quick ratio of 2.12 and a debt-to-equity ratio of 9.25. The stock has a market cap of £291.44 million, a P/E ratio of 11.50 and a beta of 0.26. The firm has a 50-day simple moving average of GBX 114.04 and a two-hundred day simple moving average of GBX 117.56.

FRP Advisory Group (LON:FRPGet Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported GBX 11.92 earnings per share (EPS) for the quarter. FRP Advisory Group had a net margin of 14.80% and a return on equity of 24.47%. Equities research analysts expect that FRP Advisory Group plc will post 10.5042017 earnings per share for the current fiscal year.

About FRP Advisory Group

(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.

Further Reading

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