Tatton Asset Management (LON:TAM) Trading 1.5% Higher – Still a Buy?

Tatton Asset Management plc (LON:TAM) rose 1.5% during trading on Tuesday . The stock traded as high as GBX 632 ($8.18) and last traded at GBX 627.50 ($8.12). Approximately 46,795 shares changed hands during mid-day trading, a decline of 15% from the average daily volume of 55,307 shares. The stock had previously closed at GBX 618 ($8.00).

Tatton Asset Management Stock Up 1.5 %

The company has a market capitalization of £379.24 million, a P/E ratio of 28.29, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03. The company has a current ratio of 3.71, a quick ratio of 3.50 and a debt-to-equity ratio of 1.52. The stock’s fifty day moving average is GBX 651.40 and its 200 day moving average is GBX 678.50.

Insider Buying and Selling at Tatton Asset Management

In other news, insider Paul Edwards sold 5,000 shares of the stock in a transaction dated Friday, January 17th. The shares were sold at an average price of GBX 680 ($8.80), for a total transaction of £34,000 ($44,018.64). Corporate insiders own 28.70% of the company’s stock.

Tatton Asset Management Company Profile

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.