Petershill Partners (LON:PHLL) Sets New 52-Week High – Here’s Why

Shares of Petershill Partners (LON:PHLL) reached a new 52-week high on Tuesday . The stock traded as high as GBX 286.50 ($3.57) and last traded at GBX 274.50 ($3.42), with a volume of 72299 shares traded. The stock had previously closed at GBX 274.50 ($3.42).

Petershill Partners Stock Up 1.1 %

The company has a debt-to-equity ratio of 10.41, a current ratio of 1.40 and a quick ratio of 6.11. The company has a market capitalization of £2.96 billion, a price-to-earnings ratio of 1,193.48, a PEG ratio of 1.24 and a beta of 0.59. The firm has a 50-day moving average price of GBX 255.14 and a two-hundred day moving average price of GBX 231.47.

Petershill Partners Increases Dividend

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

Insider Activity

In related news, insider Naguib Kheraj bought 28,000 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average price of GBX 255 ($3.17) per share, with a total value of £71,400 ($88,894.42). 0.72% of the stock is owned by corporate insiders.

About Petershill Partners

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.