Tatton Asset Management (LON:TAM) Trading Up 1.2% – What’s Next?

Shares of Tatton Asset Management plc (LON:TAMGet Free Report) rose 1.2% during trading on Tuesday . The stock traded as high as GBX 675.76 ($8.41) and last traded at GBX 670 ($8.34). Approximately 21,982 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 58,127 shares. The stock had previously closed at GBX 662 ($8.24).

Tatton Asset Management Trading Up 1.2 %

The stock has a market cap of £401.00 million, a P/E ratio of 3,190.48, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03. The stock’s 50-day moving average is GBX 679.10 and its two-hundred day moving average is GBX 690.39. The company has a debt-to-equity ratio of 2.83, a current ratio of 3.70 and a quick ratio of 3.50.

Tatton Asset Management (LON:TAMGet Free Report) last released its quarterly earnings data on Wednesday, November 13th. The company reported GBX 14.29 ($0.18) EPS for the quarter. Tatton Asset Management had a net margin of 36.46% and a return on equity of 30.36%. Equities research analysts anticipate that Tatton Asset Management plc will post 26.0903733 EPS for the current year.

Tatton Asset Management Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 21st were given a GBX 9.50 ($0.12) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 1.34%. This is a positive change from Tatton Asset Management’s previous dividend of $8.00. Tatton Asset Management’s dividend payout ratio (DPR) is currently 7,619.05%.

Insider Buying and Selling at Tatton Asset Management

In other news, insider Paul Edwards sold 5,000 shares of the firm’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of GBX 680 ($8.47), for a total value of £34,000 ($42,335.95). Company insiders own 28.70% of the company’s stock.

About Tatton Asset Management

(Get Free Report)

Tatton Asset Management plc provides fund management, compliance consultancy, and technical support services to independent financial advisers in the United Kingdom. The company operates through two segments, Tatton and Paradigm. It also offers investment management, mortgage adviser support, and mortgage and insurance product distribution services.

Further Reading

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