Insider Buying: First Property Group (LON:FPO) Insider Purchases £35,000 in Stock

First Property Group plc (LON:FPO) insider Ben Habib bought 250,000 shares of the business’s stock in a transaction on Tuesday, September 22nd. The shares were acquired at an average price of GBX 14 per share, with a total value of £35,000.

First Property Group Trading Down 5.1%

Shares of LON FPO traded down GBX 0.75 during midday trading on Wednesday, reaching GBX 14. 122,576 shares of the stock were exchanged, compared to its average volume of 67,608. The company has a market capitalization of £20.70 million, a P/E ratio of 7.73 and a beta of 0.23. First Property Group plc has a 52-week low of GBX 11 and a 52-week high of GBX 19.50. The company has a current ratio of 10.25, a quick ratio of 0.97 and a debt-to-equity ratio of 18.96. The stock has a 50 day moving average price of GBX 12.84 and a 200-day moving average price of GBX 13.62.

First Property Group (LON:FPO) last posted its quarterly earnings results on Thursday, June 25th. The company reported GBX 1.81 earnings per share for the quarter. First Property Group had a net margin of 30.77% and a return on equity of 5.63%. The company had revenue of GBX 872 million for the quarter. Equities research analysts expect that First Property Group plc will post 0.2694795 earnings per share for the current fiscal year.

About First Property Group

First Property Group plc is an award winning property fund manager and investor with operations in the United Kingdom and Central Europe. The Group’s focus is on higher yielding commercial property with sustainable cash flows. The company is flexible and takes an active approach to asset management. Its earnings are derived from:

1. Fund management – via its FCA regulated and AIFMD approved subsidiary, First Property Asset Management Ltd (FPAM), which earns fees from investing for third parties in property.