Tatton Asset Management (LON:TAM) Trading Down 0.6% – Time to Sell?

Tatton Asset Management plc (LON:TAM)’s stock price fell 0.6% on Friday . The company traded as low as GBX 686 and last traded at GBX 696. Approximately 47,248 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 179,899 shares. The stock had previously closed at GBX 700.

Tatton Asset Management Price Performance

The stock has a market capitalization of £422.52 million, a PE ratio of 23.03, a PEG ratio of 1.91 and a beta of 0.72. The company has a current ratio of 3.36, a quick ratio of 3.50 and a debt-to-equity ratio of 1.15. The company’s 50 day simple moving average is GBX 719.39 and its 200 day simple moving average is GBX 650.20.

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

Insider Transactions at Tatton Asset Management

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

About Tatton Asset Management

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.