Ninety One Group (LON:N91) Stock Price Up 0.8% – What’s Next?

Posted by Jeff Wilder on Dec 14th, 2024

Ninety One Group (LON:N91 – Get Free Report)’s stock price was up 0.8% during mid-day trading on Thursday . The company traded as high as GBX 155.54 ($1.96) and last traded at GBX 154.30 ($1.95). Approximately 638,813 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 549,485 shares. The stock had previously closed at GBX 153 ($1.93).

Ninety One Group Stock Down 0.8 %

The firm has a fifty day moving average of GBX 167.26 and a 200-day moving average of GBX 167.41. The company has a quick ratio of 0.07, a current ratio of 1.03 and a debt-to-equity ratio of 25.76. The firm has a market cap of £923.52 million, a P/E ratio of 850.00, a price-to-earnings-growth ratio of 15.99 and a beta of 0.66.

Ninety One Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th will be paid a dividend of GBX 5.40 ($0.07) per share. This represents a dividend yield of 3.33%. The ex-dividend date is Thursday, December 12th. Ninety One Group’s dividend payout ratio is currently 6,666.67%.

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.