Petershill Partners (LON:PHLL) Reaches New 1-Year High – Here’s What Happened

Petershill Partners (LON:PHLL)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 284.50 ($3.51) and last traded at GBX 284 ($3.51), with a volume of 219368 shares. The stock had previously closed at GBX 280 ($3.46).

Petershill Partners Stock Performance

The firm’s 50-day simple moving average is GBX 252.93 and its two-hundred day simple moving average is GBX 229.61. The stock has a market capitalization of £3.05 billion, a PE ratio of 1,226.09, a PEG ratio of 1.24 and a beta of 0.59. 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 Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 21st were given a dividend of $0.18 per share. This represents a yield of 6.21%. This is a positive change from Petershill Partners’s previous dividend of $0.14. The ex-dividend date of this dividend was Thursday, November 21st. Petershill Partners’s payout ratio is presently 5,217.39%.

Insiders Place Their Bets

In related news, insider Naguib Kheraj bought 28,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was bought at an average price of GBX 255 ($3.15) per share, with a total value of £71,400 ($88,191.70). Corporate insiders own 0.72% of the company’s stock.

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.