Petershill Partners (LON:PHLL) Sets New 1-Year High – Time to Buy?

Petershill Partners (LON:PHLL)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 273 ($3.32) and last traded at GBX 270.50 ($3.29), with a volume of 380535 shares traded. The stock had previously closed at GBX 259 ($3.15).

Petershill Partners Stock Up 1.8 %

The stock has a market cap of £2.98 billion, a price-to-earnings ratio of 1,197.83, a P/E/G 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. The firm’s 50 day moving average is GBX 248.61 and its two-hundred day moving average is GBX 227.61.

Petershill Partners Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 21st were issued a $0.18 dividend. The ex-dividend date was Thursday, November 21st. This is an increase from Petershill Partners’s previous dividend of $0.14. This represents a yield of 6.21%. Petershill Partners’s payout ratio is 5,217.39%.

Insider Transactions at Petershill Partners

In related news, insider Naguib Kheraj purchased 28,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were bought at an average price of GBX 255 ($3.10) per share, with a total value of £71,400 ($86,871.88). 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.