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 200-day moving average during trading on Friday . The stock has a 200-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.

B.P. Marsh & Partners Stock Performance

The firm’s 50 day moving average is GBX 691.35 and its two-hundred day moving average is GBX 637.16. The stock 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 company also recently disclosed a dividend, which will be paid on Saturday, March 15th. Shareholders of record on Thursday, January 30th will be given a GBX 6.78 ($0.09) dividend. The ex-dividend date is Thursday, January 30th. This is an increase from B.P. Marsh & Partners’s previous dividend of $5.36. This represents a dividend yield of 0.98%. B.P. Marsh & Partners’s dividend payout ratio is currently 8.25%.

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

In related news, insider Alice Hannah Daisy Foulk sold 15,000 shares of the stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of GBX 743 ($9.34), for a total value of £111,450 ($140,153.42). Also, insider Francesca Chappell sold 10,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of GBX 740 ($9.31), for a total transaction of £74,000 ($93,058.35). In the last three months, insiders have sold 43,750 shares of company stock valued at $32,438,750. 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.