First Property Group (LON:FPO) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

First Property Group plc (LON:FPO) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 14.84 ($0.18) and traded as low as GBX 14.06 ($0.17). First Property Group shares last traded at GBX 14.30 ($0.18), with a volume of 83,671 shares trading hands.

First Property Group Trading Down 3.4 %

The company has a quick ratio of 0.97, a current ratio of 0.52 and a debt-to-equity ratio of 25.87. The company has a market cap of £20.70 million, a price-to-earnings ratio of -350.00 and a beta of 0.45. The firm has a 50 day moving average price of GBX 14.84 and a two-hundred day moving average price of GBX 16.06.

Insider Buying and Selling at First Property Group

In other First Property Group news, insider Ben Habib purchased 354,240 shares of the business’s stock in a transaction on Thursday, October 17th. The shares were purchased at an average cost of GBX 15 ($0.19) per share, for a total transaction of £53,136 ($65,770.52). Insiders own 42.08% of the company’s stock.

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.