B.P. Marsh & Partners (LON:BPM) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

B.P. Marsh & Partners PLC (LON:BPM) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 632.24 ($7.99) and traded as high as GBX 650 ($8.21). B.P. Marsh & Partners shares last traded at GBX 647 ($8.17), with a volume of 36,136 shares traded.

B.P. Marsh & Partners Stock Performance

The firm has a market cap of £244.79 million, a price-to-earnings ratio of 4.54 and a beta of 0.71. The firm has a 50-day moving average price of GBX 692.51 and a two-hundred day moving average price of GBX 633.01.

B.P. Marsh & Partners Increases Dividend

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

Insider Transactions at B.P. Marsh & Partners

In other news, insider Francesca Chappell sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of GBX 740 ($9.35), for a total transaction of £74,000 ($93,493.37). Also, insider Alice Hannah Daisy Foulk sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of GBX 743 ($9.39), for a total value of £111,450 ($140,808.59). In the last 90 days, insiders have sold 43,750 shares of company stock valued at $32,438,750. Corporate insiders own 82.33% of the company’s stock.

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.