FRP Advisory Group (LON:FRP) Shares Cross Below Fifty Day Moving Average of $126.33

FRP Advisory Group plc (LON:FRP) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 126.33 ($1.60) and traded as low as GBX 121 ($1.53). FRP Advisory Group shares last traded at GBX 124 ($1.57), with a volume of 328,600 shares.

FRP Advisory Group Price Performance

The stock has a 50-day moving average price of GBX 126.41 and a 200 day moving average price of GBX 124.19. The company has a debt-to-equity ratio of 14.96, a current ratio of 2.83 and a quick ratio of 2.12. The firm has a market cap of £315.08 million, a price-to-earnings ratio of 2,066.67 and a beta of 0.41.

About FRP Advisory Group

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.