Tatton Asset Management (LON:TAM) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Tatton Asset Management plc (LON:TAM)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 709.19 and traded as low as GBX 685.76. Tatton Asset Management shares last traded at GBX 686, with a volume of 65,022 shares changing hands.

Tatton Asset Management Stock Performance

The company has a debt-to-equity ratio of 1.15, a current ratio of 3.36 and a quick ratio of 3.50. The business has a 50-day simple moving average of GBX 709.19 and a 200 day simple moving average of GBX 649.26. The firm has a market cap of £412.81 million, a PE ratio of 22.50, a PEG ratio of 1.91 and a beta of 0.72.

Tatton Asset Management (LON:TAM) last posted its quarterly earnings data on Tuesday, June 16th. The company reported GBX 36.06 earnings per share for the quarter. Tatton Asset Management had a return on equity of 33.94% and a net margin of 34.61%.The firm had revenue of GBX 5,444 million for the quarter. Equities research analysts forecast that Tatton Asset Management plc will post 26.0903733 EPS for the current year.

Insider Buying and Selling

In other news, insider Pippa Hamnett purchased 601 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was acquired at an average cost of GBX 656 per share, for a total transaction of £3,942.56. Also, insider Lothar Mentel sold 751 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of GBX 698, for a total transaction of £5,241.98. 18.94% of the stock is currently owned by company insiders.

About Tatton Asset Management

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. Tatton Asset Management offers on-platform only discretionary fund management, regulatory, compliance and business consulting services, as well as a whole of market mortgage provision, to Directly Authorised financial advisers across the UK.