B.P. Marsh & Partners (LON:BPM) Shares Down 0.7% – Here’s Why

B.P. Marsh & Partners PLC (LON:BPM)’s share price dropped 0.7% on Wednesday . The company traded as low as GBX 744.51 ($9.40) and last traded at GBX 744.51 ($9.40). Approximately 30,469 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 33,802 shares. The stock had previously closed at GBX 750 ($9.47).

B.P. Marsh & Partners Stock Down 1.7 %

The firm’s 50 day simple moving average is GBX 654.10 and its 200-day simple moving average is GBX 567.78. The company has a current ratio of 52.25, a quick ratio of 21.03 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of £271.77 million, a price-to-earnings ratio of 646.93 and a beta of 0.71.

Insider Activity

In other B.P. Marsh & Partners news, insider Francesca Chappell sold 10,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of GBX 740 ($9.34), for a total transaction of £74,000 ($93,398.97). Also, insider Daniel Topping sold 10,447 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of GBX 700 ($8.84), for a total transaction of £73,129 ($92,299.63). Insiders sold 47,647 shares of company stock worth $29,020,100 in the last quarter. Corporate insiders own 82.33% of the company’s stock.

About B.P. Marsh & Partners

B.P. Marsh & Partners PLC invests in early-stage financial services intermediary businesses in the United Kingdom and internationally. It provides consulting and financing services; makes and trades in investments; and invests in insurance intermediaries, financial advisors, wealth and fund managers, and specialist advisory and consultancy firms.