Tatton Asset Management (LON:TAM) Sets New 1-Year Low – Time to Sell?

Tatton Asset Management plc (LON:TAM) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 550 and last traded at GBX 560, with a volume of 65099 shares changing hands. The stock had previously closed at GBX 554.

Analyst Ratings Changes

Separately, Peel Hunt restated an “add” rating and set a GBX 720 target price on shares of Tatton Asset Management in a report on Tuesday, November 18th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 720.

Tatton Asset Management Price Performance

The company has a quick ratio of 3.50, a current ratio of 190.95 and a debt-to-equity ratio of 2.16. The firm has a market cap of £341.68 million, a P/E ratio of 20.43, a PEG ratio of 1.91 and a beta of 0.76. The business has a fifty day moving average of GBX 650.87 and a 200 day moving average of GBX 686.21.

Insider Activity

In other news, insider Paul Hogarth sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of GBX 700, for a total value of £700,000. 18.78% 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.