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

B.P. Marsh & Partners PLC (LON:BPM) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 663.97 ($8.57) and traded as high as GBX 694 ($8.95). B.P. Marsh & Partners shares last traded at GBX 690 ($8.90), with a volume of 9,531 shares trading hands.

B.P. Marsh & Partners Trading Down 2.9 %

The company has a market cap of £244.79 million, a price-to-earnings ratio of 4.54 and a beta of 0.71. The stock’s fifty day simple moving average is GBX 682.78 and its 200 day simple moving average is GBX 664.89.

B.P. Marsh & Partners Increases Dividend

The business also recently disclosed a dividend, which was paid on Saturday, March 15th. Investors of record on Thursday, January 30th were given a dividend of GBX 6.78 ($0.09) per share. This is an increase from B.P. Marsh & Partners’s previous dividend of $5.36. The ex-dividend date of this dividend was Thursday, January 30th. This represents a yield of 0.98%. B.P. Marsh & Partners’s dividend payout ratio (DPR) is presently 8.25%.

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

In other news, insider Alice Hannah Daisy Foulk sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of GBX 743 ($9.58), for a total transaction of £111,450 ($143,769.35). 82.33% of the stock is owned by company 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.