Princess Private Equity (LON:PEY) Stock Price Crosses Above Fifty Day Moving Average - What's Next?

Princess Private Equity (LON:PEY - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 9.56 ($0.13) and traded as high as GBX 9.66 ($0.13). Princess Private Equity shares last traded at GBX 9.60 ($0.13), with a volume of 46,598 shares trading hands.

Princess Private Equity Stock Performance

The firm has a market capitalization of £663.85 million, a price-to-earnings ratio of 29.05 and a beta of 0.44. The business's 50 day moving average is GBX 9.56 and its 200-day moving average is GBX 10.10.

Princess Private Equity Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Thursday, March 27th were given a dividend of €1.05 ($1.21) per share. This is an increase from Princess Private Equity's previous dividend of $0.36. The ex-dividend date of this dividend was Thursday, March 27th. This represents a yield of 4.28%. Princess Private Equity's dividend payout ratio is 21,785.10%.

Insider Buying and Selling

In other Princess Private Equity news, insider Merise Wheatley purchased 3,000 shares of the firm's stock in a transaction that occurred on Friday, March 28th. The shares were acquired at an average cost of GBX 865 ($11.74) per share, for a total transaction of £25,950 ($35,210.31). 14.26% of the stock is currently owned by insiders.

About Princess Private Equity

Princess Private Equity Holding Limited specializes in private equity and debt investments in non-public companies or assets through privately negotiated transactions. The fund invests in primary and secondary fund investments, direct investments, and listed private equity. It makes private equity investments in buyout, venture capital, and special situation and private debt investments in mezzanine, second lien, or senior debt investments.

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