Premier Miton Group (LON:PMI) Issues Quarterly Earnings Results

Premier Miton Group (LON:PMI) issued its quarterly earnings data on Thursday. The company reported GBX 1.54 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 2,692 million for the quarter. Premier Miton Group had a net margin of 1.90% and a return on equity of 1.07%.

Premier Miton Group Trading Up 0.8%

Shares of LON PMI opened at GBX 36.30 on Friday. The company’s 50 day simple moving average is GBX 39.50 and its 200 day simple moving average is GBX 46.26. Premier Miton Group has a fifty-two week low of GBX 34.53 and a fifty-two week high of GBX 78. The firm has a market capitalization of £57.20 million, a P/E ratio of 47.76 and a beta of 0.50. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.27 and a quick ratio of 1.21.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group cut shares of Premier Miton Group to a “buy” rating and set a GBX 58 price objective on the stock. in a research note on Thursday, April 16th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 58.

Insider Activity at Premier Miton Group

In other Premier Miton Group news, insider Piers Godfrey Harrison acquired 4,463 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average cost of GBX 40 per share, for a total transaction of £1,785.20. Also, insider Michael Patrick O’Shea bought 4,463 shares of the business’s stock in a transaction on Friday, April 24th. The stock was purchased at an average price of GBX 40 per share, for a total transaction of £1,785.20. Corporate insiders own 10.79% of the company’s stock.

Premier Miton Group Company Profile

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.