Tatton Asset Management (LON:TAM) Sets New 52-Week High – Still a Buy?

Tatton Asset Management plc (LON:TAM)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 760 ($10.12) and last traded at GBX 760 ($10.12), with a volume of 182139 shares trading hands. The stock had previously closed at GBX 724 ($9.64).

Tatton Asset Management Price Performance

The firm has a market capitalization of £459.66 million, a P/E ratio of 29.00, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03. The company has a debt-to-equity ratio of 1.52, a quick ratio of 3.50 and a current ratio of 3.71. The business has a 50 day simple moving average of GBX 712.64 and a two-hundred day simple moving average of GBX 672.56.

Insider Transactions at Tatton Asset Management

In other Tatton Asset Management news, insider Paul Hogarth sold 400,000 shares of the company’s stock in a transaction dated Friday, October 17th. The stock was sold at an average price of GBX 732, for a total value of £2,928,000. Also, insider Paul Edwards sold 27,180 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of GBX 718, for a total value of £195,152.40. 19.19% of the stock is owned by corporate insiders.

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.