Is Buying Frp Holdings Inc (NASDAQ:FRPH) Here Good Idea?

The stock of Frp Holdings Inc (NASDAQ:FRPH) registered a decrease of 18.28% in short interest. FRPH’s total short interest was 94,300 shares in December as published by FINRA. Its down 18.28% from 115,400 shares, reported previously. With 16,700 shares average volume, it will take short sellers 6 days to cover their FRPH’s short positions. The short interest to Frp Holdings Inc’s float is 1.44%.

The stock decreased 1.49% or $0.68 during the last trading session, reaching $44.96. About 33,513 shares traded or 76.58% up from the average. FRP Holdings, Inc. (NASDAQ:FRPH) has risen 40.11% since December 8, 2017 and is uptrending. It has outperformed by 24.49% the S&P500.

FRP Holdings, Inc., through its subsidiaries, engages in various real estate businesses in the United States. The company has market cap of $453.04 million. It operates in Asset Management, Mining Royalty Land, and Land Development and Construction divisions. It has a 3.31 P/E ratio. The Asset Management segment owns, leases, and manages warehouses and office buildings located primarily in the Baltimore, Northern Virginia, and Washington, DC market areas.

More notable recent FRP Holdings, Inc. (NASDAQ:FRPH) news were published by: Seekingalpha.com which released: “FRP Holdings Inc. (FRPH) CEO John Baker on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” on August 05, 2018, also Streetinsider.com with their article: “Form N-PX TRUST FOR PROFESSIONAL For: Jun 30 – StreetInsider.com” published on August 21, 2018, Seekingalpha.com published: “ETN Showdown: MORL Correlations And Strategies – Seeking Alpha” on April 17, 2015. More interesting news about FRP Holdings, Inc. (NASDAQ:FRPH) were released by: Globenewswire.com and their article: “FRP Holdings, Inc. (NASDAQ-FRPH) Announces Contract to Sell its Industrial Warehouse Portfolio to Blackstone for $358.9 Million – GlobeNewswire” published on March 22, 2018 as well as Jaxdailyrecord.com‘s news article titled: “Tom Baker to be CEO of 2 companies after spinoff – Jacksonville Daily Record” with publication date: September 01, 2014.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.