FRP Holdings, Inc. (NASDAQ:FRPH – Get Free Report) Director John Baker II bought 8,189 shares of FRP stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average cost of $21.97 per share, with a total value of $179,912.33. Following the transaction, the director owned 3,059,389 shares of the company’s stock, valued at $67,214,776.33. This trade represents a 0.27% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
FRP Trading Up 0.4%
FRPH stock opened at $22.01 on Wednesday. FRP Holdings, Inc. has a 52 week low of $20.53 and a 52 week high of $26.49. The company has a market capitalization of $422.59 million, a PE ratio of 1,107.00 and a beta of 0.51. The company’s 50-day simple moving average is $23.56 and its 200 day simple moving average is $22.99. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.19 and a current ratio of 1.19.
FRP (NASDAQ:FRPH – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The financial services provider reported ($0.01) earnings per share for the quarter. The business had revenue of $11.08 million during the quarter. FRP had a return on equity of 0.11% and a net margin of 0.22%.
Hedge Funds Weigh In On FRP
Analysts Set New Price Targets
A number of analysts have recently weighed in on the company. Wall Street Zen downgraded FRP from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of FRP in a research note on Tuesday, July 14th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.
Check Out Our Latest Research Report on FRPH
About FRP
FRP Holdings, Inc (NASDAQ: FRPH) is an industrial services holding company that provides asset integrity and life-extension solutions to heavy-industry clients. Through its operating subsidiaries, FRP offers a broad suite of non-destructive testing (NDT), inspection services, mechanical maintenance, protective coatings, thermal spray and surface-preparation services. These offerings help clients maintain and extend the service life of critical equipment and infrastructure across multiple sectors.
The company’s core activities include ultrasonic, radiographic and magnetic-particle testing, site-based inspections, welding and fabrication support, and specialized coating applications designed to withstand extreme environments.
Read More
- Five stocks we like better than FRP
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for FRP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FRP and related companies with MarketBeat.com's FREE daily email newsletter.
