Petershill Partners (LON:PHLL) Reaches New 12-Month High – Still a Buy?

Petershill Partners (LON:PHLL)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 286.50 ($3.56) and last traded at GBX 274.50 ($3.42), with a volume of 72299 shares traded. The stock had previously closed at GBX 274.50 ($3.42).

Petershill Partners Stock Performance

The company has a debt-to-equity ratio of 10.41, a quick ratio of 6.11 and a current ratio of 1.40. The firm has a market capitalization of £2.97 billion, a PE ratio of 1,195.65, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. The firm’s 50 day moving average price is GBX 254.45 and its 200-day moving average price is GBX 230.59.

Petershill Partners Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 21st were issued a $0.18 dividend. This is a positive change from Petershill Partners’s previous dividend of $0.14. This represents a yield of 6.21%. The ex-dividend date of this dividend was Thursday, November 21st. Petershill Partners’s dividend payout ratio (DPR) is presently 5,217.39%.

Insider Transactions at Petershill Partners

In other news, insider Naguib Kheraj acquired 28,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was bought at an average cost of GBX 255 ($3.17) per share, for a total transaction of £71,400 ($88,839.12). Corporate insiders own 0.72% of the company’s stock.

About Petershill Partners

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.