B.P. Marsh & Partners (LON:BPM) Stock Crosses Below 200-Day Moving Average - Here's What Happened

B.P. Marsh & Partners PLC (LON:BPM - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 670.24 ($8.91) and traded as low as GBX 655 ($8.71). B.P. Marsh & Partners shares last traded at GBX 663.60 ($8.82), with a volume of 10,177 shares trading hands.

B.P. Marsh & Partners Stock Up 3.0 %

The company has a market cap of £252.20 million, a P/E ratio of 4.67 and a beta of 0.71. The stock has a 50 day moving average price of GBX 680.44 and a two-hundred day moving average price of GBX 673.19.

B.P. Marsh & Partners Increases Dividend

The business also recently announced a dividend, which was paid on Saturday, March 15th. Stockholders of record on Thursday, January 30th were given a dividend of GBX 6.78 ($0.09) per share. This represents a dividend yield of 0.98%. This is an increase from B.P. Marsh & Partners's previous dividend of $5.36. The ex-dividend date of this dividend was Thursday, January 30th. B.P. Marsh & Partners's dividend payout ratio is presently 8.25%.

Insiders Place Their Bets

In other B.P. Marsh & Partners news, insider Francesca Chappell bought 610 shares of B.P. Marsh & Partners stock in a transaction on Monday, April 7th. The shares were purchased at an average price of GBX 649 ($8.63) per share, with a total value of £3,958.90 ($5,263.79). 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.