B.P. Marsh & Partners (LON:BPM) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Shares of B.P. Marsh & Partners PLC (LON:BPM) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 637.16 ($8.01) and traded as high as GBX 696 ($8.75). B.P. Marsh & Partners shares last traded at GBX 690.80 ($8.69), with a volume of 39,991 shares traded.

B.P. Marsh & Partners Price Performance

The firm has a market cap of £256.21 million, a PE ratio of 4.75 and a beta of 0.71. The business’s 50 day moving average price is GBX 691.35 and its 200 day moving average price is GBX 637.16.

B.P. Marsh & Partners Increases Dividend

The company also recently announced a dividend, which will be paid on Saturday, March 15th. Shareholders of record on Thursday, January 30th will be issued a GBX 6.78 ($0.09) dividend. This represents a yield of 0.98%. This is a positive change from B.P. Marsh & Partners’s previous dividend of $5.36. The ex-dividend date of this dividend is Thursday, January 30th. B.P. Marsh & Partners’s payout ratio is presently 8.25%.

Insider Buying and Selling at B.P. Marsh & Partners

In other B.P. Marsh & Partners news, insider Francesca Chappell sold 18,750 shares of the business’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of GBX 741 ($9.32), for a total value of £138,937.50 ($174,720.20). Also, insider Alice Hannah Daisy Foulk sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of GBX 743 ($9.34), for a total transaction of £111,450 ($140,153.42). Insiders have sold 43,750 shares of company stock worth $32,438,750 in the last ninety days. 82.33% of the stock is owned by 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.