B.P. Marsh & Partners (LON:BPM) Stock Crosses Above 200 Day Moving Average – Should You Sell?

B.P. Marsh & Partners PLC (LON:BPM)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 627.60 ($7.81) and traded as high as GBX 650 ($8.09). B.P. Marsh & Partners shares last traded at GBX 645 ($8.03), with a volume of 34,872 shares traded.

B.P. Marsh & Partners Stock Up 1.2 %

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 firm has a market capitalization of £237.68 million, a P/E ratio of 565.79 and a beta of 0.71. The stock’s 50-day simple moving average is GBX 706.32 and its 200-day simple moving average is GBX 627.60.

B.P. Marsh & Partners Increases Dividend

The firm also recently announced a dividend, which will be paid on Saturday, March 15th. Stockholders of record on Thursday, January 30th will be issued a GBX 6.78 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, January 30th. This is a positive change from B.P. Marsh & Partners’s previous dividend of $5.36. This represents a dividend yield of 0.98%. B.P. Marsh & Partners’s dividend payout ratio is currently 1,052.63%.

Insider Buying and Selling

In other news, insider Francesca Chappell sold 18,750 shares of the stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of GBX 741 ($9.22), for a total transaction of £138,937.50 ($172,936.89). Also, insider Alice Hannah Daisy Foulk sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of GBX 743 ($9.25), for a total transaction of £111,450 ($138,722.93). Over the last three months, insiders have sold 43,750 shares of company stock worth $32,438,750. 82.33% of the stock is owned by company insiders.

About B.P. Marsh & Partners

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.