B.P. Marsh & Partners (LON:BPM) Shares Cross Above 200 Day Moving Average – Here’s Why

B.P. Marsh & Partners PLC (LON:BPM)’s stock price passed 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 changing hands.

B.P. Marsh & Partners Stock Performance

The company’s fifty day simple moving average is GBX 688.96 and its two-hundred day simple moving average is GBX 674.44. The company has a market capitalization of £238.22 million, a price-to-earnings ratio of 5.37 and a beta of 0.22. The company has a quick ratio of 21.03, a current ratio of 486.99 and a debt-to-equity ratio of 0.06.

B.P. Marsh & Partners (LON:BPM) last announced its quarterly earnings results on Wednesday, May 27th. The insurance provider reported GBX 132.60 earnings per share (EPS) for the quarter. B.P. Marsh & Partners had a net margin of 160.46% and a return on equity of 13.59%. The company had revenue of GBX 1,040 million during the quarter. Research analysts forecast that B.P. Marsh & Partners PLC will post 61.4500021 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other B.P. Marsh & Partners news, insider Daniel Topping bought 2,890 shares of the firm’s stock in a transaction 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. Also, insider Nicholas Hugh Carter sold 2,899 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of GBX 690, for a total value of £20,003.10. In the last ninety days, insiders have bought 12,985 shares of company stock valued at $8,968,801. Insiders own 47.45% 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. Investment structure is flexible and investment stage ranges from start up to more developed.