B.P. Marsh & Partners (LON:BPM) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

B.P. Marsh & Partners PLC (LON:BPM)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 632.24 ($8.01) and traded as high as GBX 650 ($8.24). B.P. Marsh & Partners shares last traded at GBX 647 ($8.20), with a volume of 36,136 shares changing hands.

B.P. Marsh & Partners Stock Up 1.0 %

The stock has a market cap of £242.56 million, a price-to-earnings ratio of 4.49 and a beta of 0.71. The stock has a fifty day moving average of GBX 694.06 and a two-hundred day moving average of GBX 632.24.

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 issued a GBX 6.78 ($0.09) dividend. The ex-dividend date is Thursday, January 30th. This represents a yield of 0.98%. This is a boost from B.P. Marsh & Partners’s previous dividend of $5.36. B.P. Marsh & Partners’s dividend payout ratio (DPR) is presently 8.25%.

Insider Activity at B.P. Marsh & Partners

In other B.P. Marsh & Partners news, insider Francesca Chappell sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of GBX 740 ($9.38), for a total value of £74,000 ($93,765.84). Also, insider Alice Hannah Daisy Foulk sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of GBX 743 ($9.41), for a total value of £111,450 ($141,218.96). Over the last 90 days, insiders have sold 43,750 shares of company stock worth $32,438,750. 82.33% of the stock is owned by insiders.

About B.P. Marsh & Partners

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.