B.P. Marsh & Partners (LON:BPM) Shares Cross Below 200-Day Moving Average - What's Next?

Key Points

• B.P. Marsh & Partners PLC's shares have fallen below their 200-day moving average, currently trading at GBX 690 ($9.22) after previously hitting a low of GBX 671 ($8.96).
• The company reported a net margin of 577.55% and earnings per share (EPS) of GBX 269.50 ($3.60) for the last quarter.
• Insiders of B.P. Marsh & Partners have shown confidence in the company by purchasing over 10,417 shares worth approximately $6.84 million in the last 90 days.

B.P. Marsh & Partners PLC (LON:BPM - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 683.14 ($9.19) and traded as low as GBX 671 ($9.02). B.P. Marsh & Partners shares last traded at GBX 690 ($9.28), with a volume of 31,101 shares.

B.P. Marsh & Partners Stock Up 1.5%

The firm has a market cap of £255.91 million, a PE ratio of 4.74 and a beta of 0.71. The firm's fifty day simple moving average is GBX 690.03 and its two-hundred day simple moving average is GBX 683.17.

B.P. Marsh & Partners (LON:BPM - Get Free Report) last released its earnings results on Tuesday, June 10th. The insurance provider reported GBX 269.50 ($3.62) earnings per share for the quarter. B.P. Marsh & Partners had a net margin of 577.55% and a return on equity of 22.24%. As a group, analysts anticipate that B.P. Marsh & Partners PLC will post 61.4500021 earnings per share for the current fiscal year.

Insider Transactions at B.P. Marsh & Partners

In other B.P. Marsh & Partners news, insider Francesca Chappell purchased 764 shares of the company's stock in a transaction on Tuesday, June 10th. The stock was acquired at an average cost of GBX 652 ($8.77) per share, for a total transaction of £4,981.28 ($6,699.77). Also, insider Daniel Topping acquired 2,337 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were bought at an average cost of GBX 642 ($8.63) per share, with a total value of £15,003.54 ($20,179.61). Insiders acquired a total of 10,417 shares of company stock valued at $6,843,204 over the last 90 days. Company 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.