Premier Miton Group (LON:PMI) Stock Price Up 0.5% – What’s Next?

Shares of Premier Miton Group plc (LON:PMI) rose 0.5% on Friday . The stock traded as high as GBX 37.50 and last traded at GBX 37.20. Approximately 173,979 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 787,269 shares. The stock had previously closed at GBX 37.

Analyst Ratings Changes

Separately, Shore Capital Group cut Premier Miton Group to a “buy” rating and set a GBX 58 price objective on the stock. in a research report on Thursday, April 16th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Premier Miton Group currently has an average rating of “Buy” and a consensus target price of GBX 58.

Premier Miton Group Stock Performance

The company has a 50-day simple moving average of GBX 41.59 and a two-hundred day simple moving average of GBX 48.39. The company has a quick ratio of 1.21, a current ratio of 1.27 and a debt-to-equity ratio of 1.65. The firm has a market cap of £58.62 million, a PE ratio of 48.95 and a beta of 0.50.

Insider Buying and Selling at Premier Miton Group

In other news, insider Michael Patrick O’Shea bought 4,463 shares of the stock in a transaction on Friday, April 24th. The shares were purchased at an average cost of GBX 40 per share, for a total transaction of £1,785.20. Also, insider Piers Godfrey Harrison bought 4,463 shares of the stock in a transaction on Friday, April 24th. The stock was purchased at an average price of GBX 40 per share, for a total transaction of £1,785.20. Insiders own 10.79% of the company’s stock.

Premier Miton Group Company Profile

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.