First Property Group (LON:FPO) Announces Quarterly Earnings Results

by · The Markets Daily

First Property Group (LON:FPO – Get Free Report) released its quarterly earnings results on Thursday. The company reported GBX 1.81 earnings per share for the quarter, Digital Look Earnings reports. First Property Group had a return on equity of 4.93% and a net margin of 31.27%.The company had revenue of GBX 872 million for the quarter.

First Property Group Stock Performance

Shares of LON FPO traded up GBX 0.33 during trading on Thursday, reaching GBX 13.82. 235,547 shares of the company traded hands, compared to its average volume of 60,713. The company has a quick ratio of 0.97, a current ratio of 1.79 and a debt-to-equity ratio of 19.98. The firm has a 50 day simple moving average of GBX 14.15 and a 200-day simple moving average of GBX 15.81. First Property Group has a 52-week low of GBX 12.50 and a 52-week high of GBX 19.50. The stock has a market capitalization of £20.43 million, a PE ratio of 9.09 and a beta of 0.26.

About First Property Group

(Get Free Report)

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. Fund management – via its FCA regulated and AIFMD approved subsidiary, First Property Asset Management Ltd (FPAM), which earns fees from investing for third parties in property.

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