FRP Advisory Group (LON:FRP) Stock Price Up 1.9% – What’s Next?

FRP Advisory Group plc (LON:FRP) was up 1.9% during mid-day trading on Wednesday . The company traded as high as GBX 159.50 ($2.01) and last traded at GBX 158 ($1.99). Approximately 268,935 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 649,002 shares. The stock had previously closed at GBX 155 ($1.96).

FRP Advisory Group Trading Down 4.2 %

The company has a quick ratio of 2.12, a current ratio of 2.68 and a debt-to-equity ratio of 14.51. The stock’s 50 day moving average price is GBX 143.14 and its 200-day moving average price is GBX 138.42. The stock has a market capitalization of £367.68 million, a PE ratio of 1,666.67 and a beta of 0.48.

FRP Advisory Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 21st will be given a GBX 0.95 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 0.65%. FRP Advisory Group’s payout ratio is 5,555.56%.

Insider Buying and Selling

In other FRP Advisory Group news, insider David Chubb sold 35,000 shares of the business’s stock in a transaction on Thursday, October 10th. The shares were sold at an average price of GBX 140 ($1.77), for a total value of £49,000 ($61,845.26). 10.82% of the stock is currently owned by company insiders.

FRP Advisory Group Company Profile

FRP Advisory Group plc, together with its subsidiaries, provides business advisory services to companies, lenders, investors, individuals, and other stakeholders. The company’s services include corporate finance advisory services comprising mergers and acquisitions (M&A), strategic advisory and valuations, capital raising, special situations M&A, partial exits, and financial due diligence; and debt advisory services, such as asset based lending, raising and refinancing debt, debt amendments and extensions, restructuring debt, and corporate and leveraged debt advisory.