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

B.P. Marsh & Partners PLC (LON:BPM)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 632.24 ($7.99) and traded as high as GBX 650 ($8.21). B.P. Marsh & Partners shares last traded at GBX 647 ($8.17), with a volume of 36,136 shares changing hands.

B.P. Marsh & Partners Stock Up 1.9 %

The stock has a 50-day moving average of GBX 692.51 and a 200 day moving average of GBX 633.01. The stock has a market cap of £244.79 million, a PE ratio of 4.54 and a beta of 0.71.

B.P. Marsh & Partners Increases Dividend

The business also recently declared a dividend, which will be paid on Saturday, March 15th. Stockholders of record on Thursday, January 30th will be issued a dividend of GBX 6.78 ($0.09) per share. This represents a dividend yield of 0.98%. The ex-dividend date is Thursday, January 30th. This is a positive change from B.P. Marsh & Partners’s previous dividend of $5.36. B.P. Marsh & Partners’s payout ratio is currently 8.25%.

Insider Activity at B.P. Marsh & Partners

In related news, insider Francesca Chappell sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of GBX 740 ($9.35), for a total value of £74,000 ($93,493.37). Also, insider Alice Hannah Daisy Foulk sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of GBX 743 ($9.39), for a total value of £111,450 ($140,808.59). Over the last quarter, insiders sold 43,750 shares of company stock valued at $32,438,750. 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.