Petershill Partners (LON:PHLL) Sets New 12-Month High – Still a Buy?

Petershill Partners (LON:PHLL) hit a new 52-week high during trading on Thursday . The stock 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 Performance

The stock’s 50 day moving average price is GBX 248.61 and its two-hundred day moving average price is GBX 227.61. 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 has a market capitalization of £2.98 billion, a price-to-earnings ratio of 1,197.83, a PEG ratio of 1.24 and a beta of 0.59.

Petershill Partners Increases Dividend

The business also recently announced 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 of this dividend was Thursday, November 21st. This is a boost from Petershill Partners’s previous dividend of $0.14. This represents a yield of 6.21%. Petershill Partners’s dividend payout ratio (DPR) is 5,217.39%.

Insider Transactions at Petershill Partners

In other Petershill Partners news, insider Naguib Kheraj bought 28,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was bought at an average price of GBX 255 ($3.10) per share, for a total transaction of £71,400 ($86,871.88). Corporate insiders own 0.72% of the company’s stock.

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.