Petershill Partners (LON:PHLL) Stock Price Down 0.9% – Time to Sell?

Petershill Partners (LON:PHLL)’s stock price traded down 0.9% during trading on Tuesday . The company traded as low as GBX 219.50 ($2.92) and last traded at GBX 219.50 ($2.92). 246,274 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 938,574 shares. The stock had previously closed at GBX 221.50 ($2.95).

Petershill Partners Stock Performance

The company’s 50-day moving average price is GBX 222.70 and its two-hundred day moving average price is GBX 242.25. The company has a market capitalization of £2.98 billion, a price-to-earnings ratio of 8.91, a PEG ratio of 1.24 and a beta of 0.59. The company has a debt-to-equity ratio of 10.41, a current ratio of 1.40 and a quick ratio of 6.11.

Petershill Partners Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 8th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, May 8th. This represents a yield of 4.47%. Petershill Partners’s payout ratio is currently 48.69%.

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.