Tatton Asset Management (LON:TAM) Sets New 12-Month Low – Should You Sell?

Tatton Asset Management plc (LON:TAMGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 550 and last traded at GBX 560, with a volume of 65099 shares traded. The stock had previously closed at GBX 554.

Analyst Upgrades and Downgrades

Separately, Peel Hunt restated an “add” rating and issued a GBX 720 target price on shares of Tatton Asset Management in a research note on Tuesday, November 18th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 720.

Check Out Our Latest Analysis on TAM

Tatton Asset Management Stock Performance

The company has a market capitalization of £341.68 million, a price-to-earnings ratio of 20.43, a P/E/G ratio of 1.91 and a beta of 0.76. The stock’s 50 day moving average price is GBX 650.87 and its 200 day moving average price is GBX 686.21. The company has a current ratio of 190.95, a quick ratio of 3.50 and a debt-to-equity ratio of 2.16.

Insider Transactions at Tatton Asset Management

In related news, insider Paul Hogarth sold 100,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of GBX 700, for a total transaction of £700,000. Insiders own 18.78% of the company’s stock.

Tatton Asset Management Company Profile

(Get Free Report)

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.

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