Rathbones Group (LON:RAT) Issues Earnings Results

Rathbones Group (LON:RAT) issued its quarterly earnings data on Wednesday. The company reported GBX 161.60 ($2.05) earnings per share for the quarter, Digital Look Earnings reports. Rathbones Group had a net margin of 7.25% and a return on equity of 4.66%.

Rathbones Group Price Performance

Shares of RAT stock remained flat at GBX 1,698 ($21.52) during trading hours on Wednesday. The stock had a trading volume of 170,406 shares, compared to its average volume of 106,987. Rathbones Group has a twelve month low of GBX 1,462 ($18.53) and a twelve month high of GBX 2,005 ($25.41). The company has a market capitalization of £1.76 billion, a price-to-earnings ratio of 27.63, a P/E/G ratio of -26.52 and a beta of 0.65. The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. The business’s fifty day moving average price is GBX 1,685.16 and its 200 day moving average price is GBX 1,730.78.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of Rathbones Group in a research note on Tuesday, January 28th.

About Rathbones Group

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients’ wealth. Our tradition of investing and acting for everyone’s tomorrow has been with us from the beginning and continues to lead us forward.

Rathbones has over 3,500 employees in 23 UK locations and Jersey; its headquarters is 8 Finsbury Circus, London, EC2M 7AZ.