Petershill Partners (LON:PHLL) Hits New 52-Week High – Time to Buy?

Petershill Partners (LON:PHLL) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 284.50 ($3.51) and last traded at GBX 284 ($3.50), with a volume of 219368 shares trading hands. The stock had previously closed at GBX 280 ($3.45).

Petershill Partners Price Performance

The company has a debt-to-equity ratio of 10.41, a quick ratio of 6.11 and a current ratio of 1.40. The firm has a market capitalization of £3.03 billion, a price-to-earnings ratio of 1,221.74, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. The business has a fifty day moving average of GBX 250.78 and a two-hundred day moving average of GBX 228.58.

Petershill Partners Increases Dividend

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

Insider Buying and Selling

In other news, insider Naguib Kheraj bought 28,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was purchased at an average cost of GBX 255 ($3.14) per share, for a total transaction of £71,400 ($88,028.60). 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.