FRP Advisory Group (LON:FRP) Stock Price Up 10.5% – Time to Buy?

Shares of FRP Advisory Group plc (LON:FRP) shot up 10.5% during trading on Friday . The company traded as high as GBX 144.22 ($1.94) and last traded at GBX 144.22 ($1.94). 377,579 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 655,319 shares. The stock had previously closed at GBX 130.50 ($1.76).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 220 price target on shares of FRP Advisory Group in a research note on Tuesday, September 2nd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 220.

FRP Advisory Group Stock Performance

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 has a market cap of £377.73 million, a price-to-earnings ratio of 1,640.54 and a beta of 0.48. The company has a 50 day simple moving average of GBX 135.36 and a 200 day simple moving average of GBX 130.38.

FRP Advisory Group (LON:FRP) last issued its earnings results on Wednesday, July 23rd. The company reported GBX 11.06 EPS for the quarter. FRP Advisory Group had a return on equity of 30.26% and a net margin of 17.16%. As a group, equities research analysts forecast that FRP Advisory Group plc will post 10.5042017 EPS for the current year.

Insider Buying and Selling

In other FRP Advisory Group news, insider Gavin Jones sold 44,080 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of GBX 137, for a total transaction of £60,389.60. Insiders own 4.24% of the company’s stock.

FRP Advisory Group Company Profile

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.