FRP Advisory Group plc Plans Dividend of GBX 0.95 (LON:FRP)

FRP Advisory Group plc (LON:FRP) declared a dividend on Tuesday, December 17th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, February 20th will be given a dividend of GBX 0.95 ($0.01) per share on Friday, March 21st. This represents a yield of 0.61%. The ex-dividend date is Thursday, February 20th. The official announcement can be seen at this link.

FRP Advisory Group Trading Up 2.4 %

Shares of FRP stock opened at GBX 151.55 ($1.91) on Thursday. The company has a market capitalization of £371.48 million, a P/E ratio of 1,683.89 and a beta of 0.48. FRP Advisory Group has a 12-month low of GBX 109 ($1.37) and a 12-month high of GBX 160.99 ($2.02). The firm has a 50-day moving average price of GBX 144.18 and a 200 day moving average price of GBX 138.93. The company has a quick ratio of 2.12, a current ratio of 2.68 and a debt-to-equity ratio of 14.51.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 220 ($2.77) price target on shares of FRP Advisory Group in a report on Tuesday.

Insider Activity at FRP Advisory Group

In related news, insider David Chubb sold 35,000 shares of FRP Advisory Group stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of GBX 140 ($1.76), for a total value of £49,000 ($61,604.22). Corporate insiders own 10.82% of the company’s stock.

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.