B.P. Marsh & Partners (LON:BPM) Shares Pass Above 200 Day Moving Average – Here’s Why

Shares of B.P. Marsh & Partners PLC (LON:BPM) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 622.69 ($7.77) and traded as high as GBX 679.80 ($8.48). B.P. Marsh & Partners shares last traded at GBX 661.55 ($8.26), with a volume of 13,253 shares traded.

B.P. Marsh & Partners Stock Down 2.0 %

The company has a current ratio of 52.25, a quick ratio of 21.03 and a debt-to-equity ratio of 0.26. The stock has a 50-day simple moving average of GBX 716.03 and a 200-day simple moving average of GBX 622.69. The company has a market cap of £243.78 million, a price-to-earnings ratio of 580.31 and a beta of 0.71.

B.P. Marsh & Partners Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 6.78 ($0.08) per share. This represents a yield of 0.98%. The ex-dividend date is Thursday, January 30th. This is a positive change from B.P. Marsh & Partners’s previous dividend of $5.36. B.P. Marsh & Partners’s payout ratio is 1,052.63%.

Insider Activity

In other news, insider Daniel Topping sold 10,447 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of GBX 700 ($8.74), for a total value of £73,129 ($91,274.34). Also, insider Francesca Chappell sold 10,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of GBX 740 ($9.24), for a total value of £74,000 ($92,361.46). Insiders sold a total of 54,197 shares of company stock worth $39,751,650 over the last 90 days. 82.33% of the stock is currently owned by company insiders.

B.P. Marsh & Partners Company Profile

B.P. Marsh & Partners PLC is a specialist venture capital / private equity investor in early stage financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers and specialist advisory and consultancy firms. It considers investment opportunities based in the United Kingdom, Europe, North America and Internationally.

The Group invests amounts of up to £5m in the first round.