Ninety One Group (LON:N91) Insider Acquires £579.94 in Stock

Ninety One Group (LON:N91) insider Hendrik du Toit bought 271 shares of Ninety One Group stock in a transaction that occurred on Friday, July 3rd. The shares were acquired at an average price of GBX 214 per share, for a total transaction of £579.94.

Ninety One Group Stock Down 0.8%

Shares of N91 traded down GBX 1.84 during midday trading on Tuesday, reaching GBX 215.36. 601,080 shares of the company were exchanged, compared to its average volume of 2,932,591. The stock has a 50-day moving average price of GBX 217.68 and a 200-day moving average price of GBX 226.30. The company has a market cap of £2.08 billion, a price-to-earnings ratio of 12.59, a P/E/G ratio of 15.99 and a beta of 0.76. The company has a current ratio of 72.41, a quick ratio of 0.07 and a debt-to-equity ratio of 14.85. Ninety One Group has a 1-year low of GBX 179.60 and a 1-year high of GBX 262.20.

Ninety One Group (LON:N91) last announced its earnings results on Wednesday, June 3rd. The company reported GBX 17.40 earnings per share for the quarter. The business had revenue of £763.30 million during the quarter. Ninety One Group had a net margin of 19.63% and a return on equity of 28.08%. Research analysts expect that Ninety One Group will post 15.1025641 earnings per share for the current year.

Ninety One Group Company Profile

Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries. It seeks to invest in South African companies struggling with the economic fallout from the spread of coronavirus. Ninety One Group was founded in 1991 and is headquartered in Cape Town, South Africa with additional offices in Africa.