Tatton Asset Management (LON:TAM) Stock Price Down 0.6% – Should You Sell?

Tatton Asset Management plc (LON:TAM)’s stock price was down 0.6% during trading on Wednesday . The stock traded as low as GBX 680 ($8.41) and last traded at GBX 684 ($8.45). Approximately 8,480 shares changed hands during trading, a decline of 60% from the average daily volume of 21,045 shares. The stock had previously closed at GBX 688 ($8.50).

Tatton Asset Management Stock Down 0.6 %

The company has a debt-to-equity ratio of 2.83, a current ratio of 3.70 and a quick ratio of 3.50. The business’s fifty day moving average price is GBX 694.52 and its two-hundred day moving average price is GBX 688.18. The stock has a market capitalization of £409.37 million, a PE ratio of 3,257.14, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03.

Tatton Asset Management Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 21st were paid a dividend of GBX 9.50 ($0.12) per share. This represents a yield of 1.34%. The ex-dividend date of this dividend was Thursday, November 21st. This is an increase from Tatton Asset Management’s previous dividend of $8.00. Tatton Asset Management’s payout ratio is presently 7,619.05%.

Tatton Asset Management Company Profile

Tatton Asset Management plc provides fund management, compliance consultancy, and technical support services to independent financial advisers in the United Kingdom. The company operates through two segments, Tatton and Paradigm. It also offers investment management, mortgage adviser support, and mortgage and insurance product distribution services.