B.P. Marsh & Partners (LON:BPM) Insider Barrie Cornes Purchases 2,944 Shares of Stock

B.P. Marsh & Partners PLC (LON:BPM) insider Barrie Cornes purchased 2,944 shares of B.P. Marsh & Partners stock in a transaction that occurred on Monday, July 13th. The stock was acquired at an average price of GBX 679 per share, for a total transaction of £19,989.76.

B.P. Marsh & Partners Price Performance

B.P. Marsh & Partners stock traded up GBX 5.50 during mid-day trading on Monday, reaching GBX 680.50. 21,983 shares of the company’s stock traded hands, compared to its average volume of 31,097. B.P. Marsh & Partners PLC has a 12-month low of GBX 613 and a 12-month high of GBX 719.92. The company has a quick ratio of 21.03, a current ratio of 486.99 and a debt-to-equity ratio of 0.06. The stock has a 50 day moving average of GBX 685.78 and a two-hundred day moving average of GBX 674.82. The company has a market cap of £239.80 million, a price-to-earnings ratio of 5.41 and a beta of 0.22.

B.P. Marsh & Partners (LON:BPM) last issued its quarterly earnings data on Wednesday, May 27th. The insurance provider reported GBX 132.60 EPS for the quarter. B.P. Marsh & Partners had a net margin of 160.46% and a return on equity of 13.59%. The business had revenue of GBX 1,040 million during the quarter. Equities analysts forecast that B.P. Marsh & Partners PLC will post 61.4500021 earnings per share for the current year.

B.P. Marsh & Partners declared that its Board of Directors has approved a share buyback plan on Thursday, March 26th that allows the company to repurchase 0 shares. This repurchase authorization allows the insurance provider to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

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. Investment structure is flexible and investment stage ranges from start up to more developed.