Princess Private Equity (LON:PEY) Hits New 1-Year Low – Here’s Why

Princess Private Equity (LON:PEY) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 9.80 ($0.13) and last traded at GBX 9.80 ($0.13), with a volume of 73962 shares. The stock had previously closed at GBX 10.06 ($0.13).

Princess Private Equity Stock Up 0.4 %

The business’s 50 day simple moving average is GBX 10.22 and its 200 day simple moving average is GBX 10.42. The company has a market capitalization of £662.12 million, a PE ratio of 28.97 and a beta of 0.44.

Princess Private Equity Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Thursday, March 27th were given a €1.05 ($1.15) dividend. This represents a dividend yield of 4.28%. The ex-dividend date was Thursday, March 27th. This is an increase from Princess Private Equity’s previous dividend of $0.36. Princess Private Equity’s dividend payout ratio is 21,785.10%.

Insiders Place Their Bets

In other Princess Private Equity news, insider Merise Wheatley acquired 3,000 shares of the firm’s stock in a transaction on Friday, March 28th. The stock was purchased at an average cost of GBX 865 ($11.05) per share, for a total transaction of £25,950 ($33,158.70). Corporate insiders own 14.26% of the company’s stock.

About Princess Private Equity

Princess Private Equity Holding Limited specializes in private equity and debt investments in non-public companies or assets through privately negotiated transactions. The fund invests in primary and secondary fund investments, direct investments, and listed private equity. It makes private equity investments in buyout, venture capital, and special situation and private debt investments in mezzanine, second lien, or senior debt investments.