B.P. Marsh & Partners (LON:BPM) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of B.P. Marsh & Partners PLC (LON:BPM) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 674.44 and traded as high as GBX 680. B.P. Marsh & Partners shares last traded at GBX 676, with a volume of 24,978 shares traded.

B.P. Marsh & Partners Stock Performance

The company has a current ratio of 486.99, a quick ratio of 21.03 and a debt-to-equity ratio of 0.06. The firm’s 50-day moving average is GBX 689 and its two-hundred day moving average is GBX 674.37. The stock has a market cap of £237.46 million, a price-to-earnings ratio of 5.35 and a beta of 0.22.

B.P. Marsh & Partners (LON:BPM) last issued its quarterly earnings results on Wednesday, May 27th. The insurance provider reported GBX 132.60 earnings per share for the quarter. B.P. Marsh & Partners had a net margin of 160.46% and a return on equity of 13.59%. The firm had revenue of GBX 1,040 million for the quarter. As a group, sell-side analysts expect that B.P. Marsh & Partners PLC will post 61.4500021 earnings per share for the current year.

Insider Transactions at B.P. Marsh & Partners

In related news, insider Nicholas Hugh Carter sold 2,899 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of GBX 690, for a total transaction of £20,003.10. Also, insider Daniel Topping acquired 2,890 shares of B.P. Marsh & Partners stock in a transaction that occurred on Monday, July 6th. The stock was purchased at an average cost of GBX 692 per share, with a total value of £19,998.80. In the last ninety days, insiders have acquired 12,985 shares of company stock worth $8,968,801. 47.45% of the stock is owned by 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. Investment structure is flexible and investment stage ranges from start up to more developed.