B.P. Marsh & Partners (LON:BPM) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

B.P. Marsh & Partners PLC (LON:BPM) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 637.16 ($8.01) and traded as high as GBX 696 ($8.75). B.P. Marsh & Partners shares last traded at GBX 690.80 ($8.69), with a volume of 39,991 shares changing hands.

B.P. Marsh & Partners Stock Performance

The business’s fifty day simple moving average is GBX 690.93 and its 200-day simple moving average is GBX 638.17. The firm has a market capitalization of £256.21 million, a PE ratio of 4.75 and a beta of 0.71.

B.P. Marsh & Partners Increases Dividend

The business also recently disclosed a dividend, which will be paid on Saturday, March 15th. Shareholders of record on Thursday, January 30th will be issued a dividend of GBX 6.78 ($0.09) per share. This is a positive change from B.P. Marsh & Partners’s previous dividend of $5.36. This represents a yield of 0.98%. The ex-dividend date is Thursday, January 30th. B.P. Marsh & Partners’s dividend payout ratio (DPR) is 8.25%.

Insider Buying and Selling at B.P. Marsh & Partners

In related news, insider Francesca Chappell sold 10,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of GBX 740 ($9.31), for a total value of £74,000 ($93,070.05). Also, insider Alice Hannah Daisy Foulk sold 15,000 shares of the firm’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of GBX 743 ($9.34), for a total transaction of £111,450 ($140,171.05). Insiders sold a total of 43,750 shares of company stock valued at $32,438,750 in the last three months. 82.33% of the stock is currently owned by corporate insiders.

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.