B.P. Marsh & Partners (LON:BPM) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

B.P. Marsh & Partners PLC (LON:BPM) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 674.78 and traded as high as GBX 694. B.P. Marsh & Partners shares last traded at GBX 689.20, with a volume of 6,218 shares.

B.P. Marsh & Partners Stock Up 0.3%

The company has a debt-to-equity ratio of 0.06, a quick ratio of 21.03 and a current ratio of 486.99. The stock’s 50 day moving average price is GBX 685.43 and its 200-day moving average price is GBX 674.78. The company has a market cap of £242.87 million, a PE ratio of 5.47 and a beta of 0.20.

B.P. Marsh & Partners (LON:BPM) last posted 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 business had revenue of GBX 1,040 million during the quarter. On average, analysts predict that B.P. Marsh & Partners PLC will post 61.4500021 earnings per share for the current year.

B.P. Marsh & Partners declared that its board has approved a stock buyback program on Thursday, March 26th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the insurance provider to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

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

In related news, insider Rebecca Ann Shelley bought 7,151 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was bought at an average cost of GBX 695 per share, for a total transaction of £49,699.45. Company insiders own 47.47% 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. Investment structure is flexible and investment stage ranges from start up to more developed.