Petershill Partners (LON:PHLL) Stock Price Up 2.3% – Here’s Why

Shares of Petershill Partners (LON:PHLL) rose 2.3% during trading on Thursday . The company traded as high as GBX 222 ($3.05) and last traded at GBX 221 ($3.03). Approximately 228,628 shares traded hands during trading, a decline of 72% from the average daily volume of 823,778 shares. The stock had previously closed at GBX 216 ($2.96).

Petershill Partners Stock Performance

The stock has a market capitalization of £3.00 billion, a PE ratio of 8.97, a PEG ratio of 1.24 and a beta of 0.59. The firm’s 50-day simple moving average is GBX 214.18 and its two-hundred day simple moving average is GBX 237.48. The company has a current ratio of 1.40, a quick ratio of 6.11 and a debt-to-equity ratio of 10.41.

Petershill Partners Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 13th. Stockholders of record on Thursday, May 8th were given a $0.14 dividend. This represents a dividend yield of 4.47%. The ex-dividend date of this dividend was Thursday, May 8th. Petershill Partners’s dividend payout ratio (DPR) is 48.69%.

Insider Buying and Selling

In related news, insider Naguib Kheraj purchased 85,000 shares of Petershill Partners stock in a transaction on Friday, May 23rd. The stock was bought at an average price of GBX 209 ($2.87) per share, with a total value of £177,650 ($243,790.31). 0.72% of the stock is owned by corporate insiders.

Petershill Partners Company Profile

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.