Tatton Asset Management (LON:TAM) Sets New 1-Year Low – Here’s What Happened

Tatton Asset Management plc (LON:TAMGet Free Report)’s stock price hit a new 52-week low on Monday . The company traded as low as GBX 550 and last traded at GBX 560, with a volume of 65099 shares traded. The stock had previously closed at GBX 554.

Analyst Upgrades and Downgrades

Separately, Peel Hunt reissued an “add” rating and issued a GBX 720 price target on shares of Tatton Asset Management in a research report on Tuesday, November 18th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Tatton Asset Management presently has a consensus rating of “Buy” and a consensus price target of GBX 720.

Check Out Our Latest Stock Analysis on Tatton Asset Management

Tatton Asset Management Price Performance

The company has a debt-to-equity ratio of 2.16, a quick ratio of 3.50 and a current ratio of 190.95. The business has a 50 day simple moving average of GBX 646.41 and a 200-day simple moving average of GBX 683.94. The firm has a market cap of £340.46 million, a price-to-earnings ratio of 20.36, a P/E/G ratio of 1.91 and a beta of 0.76.

Insider Buying and Selling at Tatton Asset Management

In related news, insider Paul Edwards purchased 17,855 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was acquired at an average cost of GBX 560 per share, with a total value of £99,988. Also, insider Paul Hogarth sold 100,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of GBX 700, for a total value of £700,000. Corporate insiders own 18.78% of the company’s stock.

Tatton Asset Management Company Profile

(Get Free Report)

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients. Tatton Asset Management offers on-platform only discretionary fund management, regulatory, compliance and business consulting services, as well as a whole of market mortgage provision, to Directly Authorised financial advisers across the UK.

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