Quilter (OTCMKTS:QUILF) Trading Down 1.2% – What’s Next?

Quilter plc (OTCMKTS:QUILF)’s share price fell 1.2% on Tuesday . The stock traded as low as $2.55 and last traded at $2.55. 100 shares changed hands during trading, a decline of 89% from the average daily volume of 880 shares. The stock had previously closed at $2.58.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Citigroup reissued a “neutral” rating on shares of Quilter in a research report on Monday, August 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Quilter in a report on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Quilter in a research report on Friday, July 3rd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Quilter Stock Down 1.2%

The company’s fifty day moving average is $2.72 and its 200-day moving average is $2.72.

Quilter Company Profile

Quilter (OTCMKTS:QUILF) is a UK-based wealth management company that provides a comprehensive suite of financial planning and investment solutions to private clients, financial advisers and intermediaries. The company’s core activities include discretionary fund management, retirement planning, estate and tax planning, and advisory services. Quilter operates a multi–asset investment platform that enables clients to access a broad range of funds, model portfolios and bespoke investment strategies designed to meet diverse risk profiles and financial objectives.

Established as part of the Old Mutual Group, Quilter was demerged and listed on the London Stock Exchange in June 2018, marking its emergence as an independent, publicly traded entity.