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

B.P. Marsh & Partners PLC (LON:BPM) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 686.03 ($9.25) and traded as high as GBX 716.45 ($9.66). B.P. Marsh & Partners shares last traded at GBX 715.80 ($9.66), with a volume of 34,721 shares changing hands.

B.P. Marsh & Partners Stock Performance

The firm has a fifty day moving average of GBX 679 and a 200-day moving average of GBX 686.03. The stock has a market capitalization of £265.48 million, a price-to-earnings ratio of 4.92 and a beta of 0.71.

B.P. Marsh & Partners (LON:BPM) last posted its earnings results on Tuesday, June 10th. The insurance provider reported GBX 269.50 ($3.64) earnings per share (EPS) for the quarter. B.P. Marsh & Partners had a return on equity of 22.24% and a net margin of 577.55%. On average, analysts predict that B.P. Marsh & Partners PLC will post 61.4500021 EPS for the current year.

Insider Activity

In other news, insider Nicholas Hugh Carter acquired 5,914 shares of the business’s stock in a transaction on Wednesday, June 11th. The shares were purchased at an average price of GBX 667 ($9.00) per share, for a total transaction of £39,446.38 ($53,212.44). Also, insider Francesca Chappell acquired 764 shares of the firm’s stock in a transaction on Tuesday, June 10th. The stock was purchased at an average cost of GBX 652 ($8.80) per share, with a total value of £4,981.28 ($6,719.65). Insiders have bought 10,417 shares of company stock worth $6,843,204 over the last 90 days. Company insiders own 82.33% of the company’s stock.

B.P. Marsh & Partners Company Profile

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.