Shares of FRP Advisory Group (LON:FRP) are moving above the 50-day moving average of $141.12

Shares of FRP Advisory Group plc (LON:FRP – Get Free Report ) moved above their fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 141.12 ($1.86) and traded as high as GBX 147.75 ($1.95). Shares of FRP Advisory Group last traded at GBX 142.80 ($1.89), with a volume of 304,110 shares.

FRP Advisory Group Stock Performance

The company has a debt-to-equity ratio of 14.51, a current ratio of 2.68, and a quick ratio of 2.12. The company’s 50-day moving average is GBX 141.80, and its two-hundred-day moving average is GBX 128.74. The company has a market cap of £360.33 million, a price-to-earnings ratio of 1,633.33 and a beta of 0.48.

FRP Advisory Group Raises Dividends

The business also recently declared a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, September 26th will be issued a dividend of GBX 2.30 ($0.03). This represents a yield of 1.76%. This is up from FRP Advisory Group’s previous dividend of $0.90. The ex-dividend date of this dividend is Thursday, September 26. FRP Advisory Group’s dividend payout ratio (DPR) is currently 5,555.56%.

Insiders place their bets

In other FRP Advisory Group news, insider Gavin Jones sold 52,633 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of GBX 129 ($1.70), for a total value of GBX 67,896.57 ($89,691.64). Corporate insiders own 10.82% of the company’s shares.

FRP Advisory Group Company Profile

(Get a free report)

FRP Advisory Group plc, together with its subsidiaries, provides business advisory services to companies, creditors, investors, individuals and other interested parties. The firm’s services include corporate finance advisory services, including mergers and acquisitions (M&A), strategic advice and valuations, capital raising, special situations mergers and acquisitions, partial exits and financial due diligence; and debt advisory services, such as asset-based lending, debt consolidation and refinancing, debt modifications and extensions, debt restructuring, and corporate and leveraged debt consulting.

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