Premier Miton Group (LON:PMI) Trading 2.4% Higher – Here’s What Happened

Premier Miton Group plc (LON:PMI)’s stock price traded up 2.4% during trading on Friday . The company traded as high as GBX 61 ($0.74) and last traded at GBX 60.80 ($0.74). 2,581,378 shares changed hands during mid-day trading, an increase of 204% from the average session volume of 848,629 shares. The stock had previously closed at GBX 59.40 ($0.73).

Premier Miton Group Stock Up 2.4 %

The stock has a market capitalization of £94.03 million, a PE ratio of 6,080.00 and a beta of 1.22. The company has a debt-to-equity ratio of 1.93, a quick ratio of 1.21 and a current ratio of 1.24. The business has a 50 day moving average of GBX 59.43 and a two-hundred day moving average of GBX 64.87.

Premier Miton Group Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 16th will be given a dividend of GBX 3 ($0.04) per share. This represents a yield of 5.45%. The ex-dividend date is Thursday, January 16th. Premier Miton Group’s dividend payout ratio is presently 60,000.00%.

Insider Activity

In other Premier Miton Group news, insider Piers Godfrey Harrison sold 41,580 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of GBX 5,935 ($72.47), for a total value of £2,467,773 ($3,013,153.85). Insiders own 17.55% of the company’s stock.

About Premier Miton Group

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.