Shares of Tatton Asset Management plc (LON:TAM – Get Free Report) dropped 0.6% on Wednesday . The stock traded as low as GBX 680 ($8.30) and last traded at GBX 684 ($8.35). 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 ($8.40).
Tatton Asset Management Stock Performance
The company has a quick ratio of 3.50, a current ratio of 3.70 and a debt-to-equity ratio of 2.83. The firm has a 50-day moving average of GBX 694.68 and a two-hundred day moving average of GBX 688.83. The company has a market capitalization of £409.37 million, a PE ratio of 3,257.14, a PEG ratio of 1.91 and a beta of 1.03.
Tatton Asset Management Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 21st were given a GBX 9.50 ($0.12) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 1.34%. This is an increase from Tatton Asset Management’s previous dividend of $8.00. Tatton Asset Management’s dividend payout ratio is 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.
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