Ninety One Group (LON:N91) Trading Down 7.3% – Should You Sell?

Ninety One Group (LON:N91Get Free Report) shares were down 7.3% on Wednesday . The stock traded as low as GBX 204.40 and last traded at GBX 205.88. Approximately 628,860 shares were traded during trading, a decline of 72% from the average daily volume of 2,236,906 shares. The stock had previously closed at GBX 222.20.

Ninety One Group Price Performance

The firm has a 50-day simple moving average of GBX 221.20 and a two-hundred day simple moving average of GBX 225.81. The company has a market capitalization of £1.86 billion, a price-to-earnings ratio of 11.27, a P/E/G ratio of 15.99 and a beta of 0.76. The company has a current ratio of 1,371.96, a quick ratio of 0.07 and a debt-to-equity ratio of 39.25.

About Ninety One Group

(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. It seeks to invest in South African companies struggling with the economic fallout from the spread of coronavirus. Ninety One Group was founded in 1991 and is headquartered in Cape Town, South Africa with additional offices in Africa.

See Also

Receive News & Ratings for Ninety One Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ninety One Group and related companies with MarketBeat.com's FREE daily email newsletter.