Premier Miton Group (LON:PMI) Shares Down 1.2% – Time to Sell?

Premier Miton Group plc (LON:PMI) was down 1.2% during mid-day trading on Monday . The stock traded as low as GBX 49 ($0.63) and last traded at GBX 49.80 ($0.64). Approximately 237,456 shares were traded during trading, a decline of 47% from the average daily volume of 448,028 shares. The stock had previously closed at GBX 50.40 ($0.65).

Premier Miton Group Stock Performance

The company has a quick ratio of 1.21, a current ratio of 1.32 and a debt-to-equity ratio of 1.95. The firm has a market capitalization of £75.26 million, a P/E ratio of 35.10 and a beta of 1.22. The company’s 50 day moving average is GBX 53.38 and its 200-day moving average is GBX 58.18.

Premier Miton Group Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 16th were paid a GBX 3 ($0.04) dividend. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 5.45%. Premier Miton Group’s dividend payout ratio is presently 422.91%.

Insider Buying and Selling

In other Premier Miton Group news, insider Michael Patrick O’Shea sold 100,203 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of GBX 51 ($0.66), for a total transaction of £51,103.53 ($66,025.23). 17.55% of the stock is owned by company insiders.

About Premier Miton Group

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.