Ninety One Group (LON:N91) Sets New 12-Month Low – Should You Sell?

Posted by Trevor Kearing on Nov 17th, 2024

Shares of Ninety One Group (LON:N91 – Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as GBX 152 ($1.92) and last traded at GBX 161.40 ($2.03), with a volume of 285327 shares. The stock had previously closed at GBX 159.50 ($2.01).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. decreased their price target on shares of Ninety One Group from GBX 179 ($2.26) to GBX 173 ($2.18) and set a “neutral” rating on the stock in a report on Thursday, August 1st.

Check Out Our Latest Research Report on N91

Ninety One Group Price Performance

The business has a fifty day moving average price of GBX 171.06 and a 200-day moving average price of GBX 169.52. The company has a current ratio of 1.03, a quick ratio of 0.07 and a debt-to-equity ratio of 25.76. The stock has a market capitalization of £974.23 million, a PE ratio of 896.67, a PEG ratio of 15.99 and a beta of 0.66.

Ninety One Group Company Profile

(Get Free Report)

Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries.