Premier Asset Management Group PLC (LON:PAM)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $210.77 and traded as low as $190.50. Premier Asset Management Group shares last traded at $204.00, with a volume of 183,604 shares.
Several research firms have recently issued reports on PAM. Numis Securities restated an “add” rating and issued a GBX 257 ($3.36) target price (down previously from GBX 266 ($3.48)) on shares of Premier Asset Management Group in a report on Tuesday, June 4th. Liberum Capital decreased their price objective on shares of Premier Asset Management Group from GBX 234 ($3.06) to GBX 230 ($3.01) and set a “buy” rating for the company in a report on Tuesday, June 4th.
The firm has a market cap of $209.22 million and a price-to-earnings ratio of 18.21.
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Premier Asset Management Group Company Profile (LON:PAM)
Premier Asset Management Group PLC is a retail asset management group with a focus on delivering investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. The Company offers a range of investment types, including mutual funds, closed-ended investment companies and a portfolio management service.
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