Key Points
- Insider buying: Rebecca Ann Shelley purchased 7,151 shares of B.P. Marsh & Partners on May 28 at an average price of GBX 695, totaling about £49,699.
- Recent earnings: The company reported quarterly earnings of GBX 132.60 per share on revenue of GBX 1,040 million, with a net margin of 160.46% and return on equity of 13.59%.
- Stock and balance sheet snapshot: Shares opened at GBX 690, near the top of their 52-week range, while the company showed very strong liquidity with a quick ratio of 21.03 and a current ratio of 486.99.
B.P. Marsh & Partners PLC (LON:BPM - Get Free Report) insider Rebecca Ann Shelley acquired 7,151 shares of the stock in a transaction dated Thursday, May 28th. The stock was bought at an average cost of GBX 695 per share, with a total value of £49,699.45.
B.P. Marsh & Partners Stock Performance
Shares of B.P. Marsh & Partners stock opened at GBX 690 on Friday. The company has a market cap of £243.29 million, a PE ratio of 2.56 and a beta of 0.20. B.P. Marsh & Partners PLC has a 52 week low of GBX 613 and a 52 week high of GBX 719.92. The business has a 50 day moving average price of GBX 664.89 and a 200-day moving average price of GBX 669.15. The company has a quick ratio of 21.03, a current ratio of 486.99 and a debt-to-equity ratio of 0.06.
B.P. Marsh & Partners (LON:BPM - Get Free Report) last released 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 company had revenue of GBX 1,040 million for the quarter. Equities analysts anticipate that B.P. Marsh & Partners PLC will post 61.4500021 earnings per share for the current fiscal year.
B.P. Marsh & Partners announced that its Board of Directors has initiated a share buyback program on Thursday, March 26th that permits the company to repurchase 0 shares. This repurchase authorization permits the insurance provider to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board believes its stock is undervalued.
About B.P. Marsh & Partners
(
Get Free Report)
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.
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