In Friday’s Wall Street session, Five Point Holdings LLC (NYSE:FPH) shares traded at $5.88, down -1.84% from the previous session.
FPH stock price is now 30.32% away from the 50-day moving average and 60.02% away from the 200-day moving average. The market capitalization of the company currently stands at $408.01M.
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With the price target reduced from $20 to $12, Citigroup Downgraded its rating from Buy to Neutral for Five Point Holdings LLC (NYSE: FPH).
In other news, William Lee Browning Revocable, Board Member bought 11,644 shares of the company’s stock on Nov 08 ’24. The stock was bought for $44,608 at an average price of $3.83. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 24 ’24, Director Browning William sold 11,644 shares of the business’s stock. A total of $44,713 was realized by selling the stock at an average price of $3.84. This leaves the insider owning 103,036 shares of the company worth $0.61 million. A total of 19.32% of the company’s stock is owned by insiders.
During the past 12 months, Five Point Holdings LLC has had a low of $2.83 and a high of $6.71. The fifty day moving average price for FPH is $4.512 and a two-hundred day moving average price translates $3.67455 for the stock.
The latest earnings results from Five Point Holdings LLC (NYSE: FPH) was released for 2024-12-31. The net profit margin was 28.69% and return on equity was 9.56% for FPH. The company reported revenue of $17.01 million for the quarter, compared to $65.92 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -74.19 percent.
