B.P. Marsh & Partners (LON:BPM) Share Price Passes Above 200-Day Moving Average – Here’s Why

B.P. Marsh & Partners PLC (LON:BPM)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 673.85 and traded as high as GBX 680. B.P. Marsh & Partners shares last traded at GBX 672.88, with a volume of 36,708 shares.

B.P. Marsh & Partners Trading Down 0.5%

The company has a current ratio of 486.99, a quick ratio of 21.03 and a debt-to-equity ratio of 0.06. The stock has a 50-day simple moving average of GBX 685.91 and a two-hundred day simple moving average of GBX 673.85. The firm has a market capitalization of £241.77 million, a P/E ratio of 5.34 and a beta of 0.22.

B.P. Marsh & Partners (LON:BPM) last announced its earnings results on Wednesday, May 27th. The insurance provider reported GBX 132.60 earnings per share (EPS) for the quarter. B.P. Marsh & Partners had a return on equity of 13.59% and a net margin of 160.46%.The business had revenue of GBX 1,040 million for the quarter. On average, equities research analysts anticipate that B.P. Marsh & Partners PLC will post 61.4500021 earnings per share for the current year.

Insider Activity at B.P. Marsh & Partners

In related news, insider Rebecca Ann Shelley bought 7,151 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were bought at an average price of GBX 695 per share, with a total value of £49,699.45. Also, insider Nicholas Hugh Carter sold 2,899 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of GBX 690, for a total transaction of £20,003.10. Insiders have purchased 12,985 shares of company stock valued at $8,968,801 over the last 90 days. Company insiders own 46.58% of the company’s stock.

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. Investment structure is flexible and investment stage ranges from start up to more developed.