Ninety One Group (LON:N91) Hits New 1-Year Low – Should You Sell?

Ninety One Group (LON:N91) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 142.20 ($1.76) and last traded at GBX 142.20 ($1.76), with a volume of 257754 shares trading hands. The stock had previously closed at GBX 144.80 ($1.79).

Ninety One Group Stock Up 1.3 %

The firm has a market capitalization of £845.05 million, a price-to-earnings ratio of 777.78, a price-to-earnings-growth ratio of 15.99 and a beta of 0.66. The business has a 50 day moving average of GBX 155.33 and a 200 day moving average of GBX 164.99. The company has a debt-to-equity ratio of 25.76, a current ratio of 1.03 and a quick ratio of 0.07.

Ninety One Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th were issued a dividend of GBX 5.40 ($0.07) per share. This represents a dividend yield of 3.33%. The ex-dividend date was Thursday, December 12th. Ninety One Group’s payout ratio is 6,666.67%.

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.