Petershill Partners (LON:PHLL) Hits New 52-Week High – Time to Buy?

Shares of Petershill Partners (LON:PHLL) reached a new 52-week high on Wednesday . The company traded as high as GBX 284.50 ($3.51) and last traded at GBX 284 ($3.50), with a volume of 219368 shares changing hands. The stock had previously closed at GBX 280 ($3.45).

Petershill Partners Stock Up 0.4 %

The stock has a fifty day moving average price of GBX 250.78 and a two-hundred day moving average price of GBX 228.58. The company has a market cap of £3.03 billion, a P/E ratio of 1,221.74, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. The company has a debt-to-equity ratio of 10.41, a current ratio of 1.40 and a quick ratio of 6.11.

Petershill Partners Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 21st were given a $0.18 dividend. This is an increase from Petershill Partners’s previous dividend of $0.14. This represents a yield of 6.21%. The ex-dividend date was Thursday, November 21st. Petershill Partners’s dividend payout ratio (DPR) is currently 5,217.39%.

Insiders Place Their Bets

In other Petershill Partners news, insider Naguib Kheraj bought 28,000 shares of Petershill Partners stock in a transaction that occurred on Wednesday, November 20th. The stock was acquired at an average cost of GBX 255 ($3.14) per share, for a total transaction of £71,400 ($88,028.60). Company insiders own 0.72% of the company’s stock.

Petershill Partners Company Profile

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.