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First Property ( (GB:FPO) ) has provided an announcement.
First Property Group plc announced that Martin Pryce, a Person Discharging Managerial Responsibility, has purchased 15,000 ordinary shares in the company at a price of 14.50 pence per share. This transaction increases Pryce’s holding to approximately 1.65% of the Group’s total voting rights, reflecting confidence in the company’s market position and potential growth.
Spark’s Take on GB:FPO Stock
According to Spark, TipRanks’ AI Analyst, GB:FPO is a Neutral.
The stock is moderately attractive due to its technical momentum and reasonable valuation. While financial performance indicates recovery, challenges with revenue growth and cash flow need addressing. Positive corporate actions support confidence, offset by concerns over a subsidiary’s administration.
To see Spark’s full report on GB:FPO stock, click here.
More about First Property
First Property Group plc is a property fund manager and investor operating in the United Kingdom and Central Europe.
Average Trading Volume: 49,000
Technical Sentiment Signal: Sell
Current Market Cap: £22.18M
For a thorough assessment of FPO stock, go to TipRanks’ Stock Analysis page.