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

B.P. Marsh & Partners PLC (LON:BPM) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 644.05 ($8.29) and traded as high as GBX 704.40 ($9.07). B.P. Marsh & Partners shares last traded at GBX 696.02 ($8.96), with a volume of 4,943 shares trading hands.

B.P. Marsh & Partners Price Performance

The firm has a market cap of £258.15 million, a P/E ratio of 4.78 and a beta of 0.71. The stock has a 50 day moving average of GBX 688.57 and a 200 day moving average of GBX 644.05.

B.P. Marsh & Partners Increases Dividend

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

Insider Activity at B.P. Marsh & Partners

In other B.P. Marsh & Partners news, insider Francesca Chappell sold 18,750 shares of the company’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of GBX 741 ($9.54), for a total transaction of £138,937.50 ($178,881.81). Also, insider Alice Hannah Daisy Foulk sold 15,000 shares of the company’s stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of GBX 743 ($9.57), for a total transaction of £111,450 ($143,491.70). Insiders have sold a total of 43,750 shares of company stock valued at $32,438,750 over the last 90 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.