B.P. Marsh & Partners (LON:BPM) Stock Passes Above 200 Day Moving Average – Here’s What Happened

B.P. Marsh & Partners PLC (LON:BPM) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 515.13 ($6.74) and traded as high as GBX 559 ($7.32). B.P. Marsh & Partners shares last traded at GBX 552.50 ($7.23), with a volume of 27,477 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group boosted their price objective on B.P. Marsh & Partners from GBX 560 ($7.33) to GBX 625 ($8.18) and gave the company a “buy” rating in a research report on Wednesday, July 3rd.

B.P. Marsh & Partners Price Performance

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 £203.60 million, a P/E ratio of 484.65 and a beta of 0.71. The company has a 50 day moving average of GBX 544.76 and a 200-day moving average of GBX 515.13.

Insiders Place Their Bets

In related news, insider Alice Hannah Daisy Foulk sold 27,200 shares of the firm’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of GBX 526 ($6.88), for a total transaction of £143,072 ($187,242.51). In other B.P. Marsh & Partners news, insider Alice Hannah Daisy Foulk sold 27,200 shares of the firm’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of GBX 526 ($6.88), for a total value of £143,072 ($187,242.51). Also, insider Daniel Topping acquired 1,212 shares of B.P. Marsh & Partners stock in a transaction on Friday, August 2nd. The stock was purchased at an average cost of GBX 558 ($7.30) per share, with a total value of £6,762.96 ($8,850.88). Insiders own 82.33% of the company’s stock.

B.P. Marsh & Partners Company Profile

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.