Tatton Asset Management (LON:TAM) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Shares of Tatton Asset Management plc (LON:TAM) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 709.19 and traded as low as GBX 685.76. Tatton Asset Management shares last traded at GBX 686, with a volume of 65,022 shares changing hands.

Tatton Asset Management Price Performance

The firm has a 50-day simple moving average of GBX 709.19 and a 200-day simple moving average of GBX 649.26. The firm has a market capitalization of £412.81 million, a PE ratio of 22.50, a PEG ratio of 1.91 and a beta of 0.72. The company has a debt-to-equity ratio of 1.15, a current ratio of 3.36 and a quick ratio of 3.50.

Tatton Asset Management (LON:TAM) last released its quarterly earnings results on Tuesday, June 16th. The company reported GBX 36.06 EPS for the quarter. Tatton Asset Management had a net margin of 34.61% and a return on equity of 33.94%. The firm had revenue of GBX 5,444 million during the quarter. As a group, equities analysts forecast that Tatton Asset Management plc will post 26.0903733 earnings per share for the current year.

Insider Activity at Tatton Asset Management

In other Tatton Asset Management news, insider Lothar Mentel sold 751 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of GBX 698, for a total transaction of £5,241.98. Also, insider Pippa Hamnett purchased 601 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was acquired at an average price of GBX 656 per share, for a total transaction of £3,942.56. Insiders own 18.94% of the company’s stock.

Tatton Asset Management Company Profile

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.