B.P. Marsh & Partners (LON:BPM) Shares Pass Above 200-Day Moving Average – What’s Next?

B.P. Marsh & Partners PLC (LON:BPM)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 521.14 ($6.76) and traded as high as GBX 610 ($7.91). B.P. Marsh & Partners shares last traded at GBX 602.50 ($7.81), with a volume of 47,518 shares changing hands.

Analyst Ratings Changes

Separately, Jefferies Financial Group raised their price objective on B.P. Marsh & Partners from GBX 560 ($7.26) to GBX 625 ($8.11) and gave the company a “buy” rating in a report on Wednesday, July 3rd.

B.P. Marsh & Partners Stock Up 3.0 %

The stock has a market capitalization of £222.02 million, a P/E ratio of 528.51 and a beta of 0.71. The stock has a 50 day moving average price of GBX 547.21 and a 200-day moving average price of GBX 521.14. The company has a debt-to-equity ratio of 0.26, a current ratio of 52.25 and a quick ratio of 21.03.

Insiders Place Their Bets

In related news, insider Daniel Topping acquired 1,212 shares of the stock in a transaction on Friday, August 2nd. The stock was purchased at an average price of GBX 558 ($7.24) per share, for a total transaction of £6,762.96 ($8,770.54). In other B.P. Marsh & Partners news, insider Alice Hannah Daisy Foulk sold 27,200 shares of the company’s stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of GBX 526 ($6.82), for a total transaction of £143,072 ($185,542.73). Also, insider Daniel Topping bought 1,212 shares of B.P. Marsh & Partners stock in a transaction dated Friday, August 2nd. The shares were acquired at an average cost of GBX 558 ($7.24) per share, for a total transaction of £6,762.96 ($8,770.54). Insiders own 82.33% of the company’s stock.

About B.P. Marsh & Partners

B.P. Marsh & Partners PLC invests in early-stage financial services intermediary businesses in the United Kingdom and internationally. It provides consulting and financing services; makes and trades in investments; and invests in insurance intermediaries, financial advisors, wealth and fund managers, and specialist advisory and consultancy firms.