Ninety One Group (LON:N91) Hits New 52-Week Low – What’s Next?

Posted by Patrick Bannon on Dec 16th, 2024

Ninety One Group (LON:N91 – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 150.50 ($1.90) and last traded at GBX 151.20 ($1.91), with a volume of 226397 shares traded. The stock had previously closed at GBX 153 ($1.93).

Ninety One Group Trading Down 1.2 %

The company’s 50-day moving average is GBX 167.26 and its 200-day moving average is GBX 167.38. The firm has a market cap of £912.66 million, a price-to-earnings ratio of 850.00, a P/E/G ratio of 15.99 and a beta of 0.66. The company has a debt-to-equity ratio of 25.76, a quick ratio of 0.07 and a current ratio of 1.03.

Ninety One Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th will be issued a dividend of GBX 5.40 ($0.07) per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 3.33%. 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.