Princess Private Equity (LON:PEY) Shares Cross Below 200 Day Moving Average - Here's What Happened

Princess Private Equity (LON:PEY - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 10.23 ($0.14) and traded as low as GBX 9.40 ($0.13). Princess Private Equity shares last traded at GBX 9.58 ($0.13), with a volume of 29,918 shares traded.

Princess Private Equity Trading Down 0.8%

The firm has a fifty day simple moving average of GBX 9.79 and a 200-day simple moving average of GBX 10.21. The stock has a market cap of £655.55 million, a price-to-earnings ratio of 28.68 and a beta of 0.44.

Princess Private Equity Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Thursday, March 27th were issued a dividend of €1.05 ($1.18) 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 currently 21,785.10%.

Insiders Place Their Bets

In other news, insider Merise Wheatley acquired 3,000 shares of Princess Private Equity stock in a transaction on Friday, March 28th. The shares were purchased at an average price of GBX 865 ($11.61) per share, with a total value of £25,950 ($34,832.21). Company insiders own 14.26% of the company's stock.

Princess Private Equity Company Profile

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.