Princess Private Equity (LON:PEY) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Princess Private Equity (LON:PEY) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 10.39 ($0.14) and traded as low as GBX 9.56 ($0.13). Princess Private Equity shares last traded at GBX 9.60 ($0.13), with a volume of 24,931 shares traded.

Princess Private Equity Trading Down 1.6 %

The firm’s fifty day moving average price is GBX 10.16 and its 200 day moving average price is GBX 10.39. The stock has a market capitalization of £670.77 million, a price-to-earnings ratio of 29.35 and a beta of 0.44.

Princess Private Equity Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Thursday, March 27th were paid a dividend of €1.05 ($1.19) per share. This is an increase from Princess Private Equity’s previous dividend of $0.36. This represents a yield of 4.28%. The ex-dividend date of this dividend was Thursday, March 27th. Princess Private Equity’s dividend payout ratio is presently 21,785.10%.

Insiders Place Their Bets

In related news, insider Merise Wheatley bought 3,000 shares of the company’s stock in a transaction that occurred on Friday, March 28th. The shares were purchased at an average cost of GBX 865 ($11.45) per share, with a total value of £25,950 ($34,348.11). 14.26% of the stock is owned by company insiders.

Princess Private Equity Company Profile

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.