Tatton Asset Management (LON:TAM) Issues Quarterly Earnings Results

Tatton Asset Management (LON:TAM) announced its earnings results on Tuesday. The company reported GBX 16.77 EPS for the quarter, Digital Look Earnings reports. Tatton Asset Management had a net margin of 36.32% and a return on equity of 31.98%.

Tatton Asset Management Trading Down 1.0%

LON:TAM opened at GBX 702.70 on Tuesday. Tatton Asset Management has a one year low of GBX 546 and a one year high of GBX 770. The business has a fifty day moving average price of GBX 718.42 and a 200-day moving average price of GBX 691.09. The firm has a market capitalization of £427.45 million, a price-to-earnings ratio of 26.81, 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 current ratio of 3.71 and a quick ratio of 3.50.

Insider Activity

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 Tatton Asset Management stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of GBX 718, for a total value of £195,152.40. Insiders own 19.10% 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.