Ninety One Group (LON:N91) Reaches New 12-Month Low – Should You Sell?

Ninety One Group (LON:N91) reached a new 52-week low on Friday . The stock traded as low as GBX 152 ($1.92) and last traded at GBX 161.40 ($2.04), with a volume of 285327 shares traded. The stock had previously closed at GBX 159.50 ($2.01).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their price objective on shares of Ninety One Group from GBX 179 ($2.26) to GBX 173 ($2.18) and set a “neutral” rating on the stock in a report on Thursday, August 1st.

Ninety One Group Trading Up 1.2 %

The company has a debt-to-equity ratio of 25.76, a quick ratio of 0.07 and a current ratio of 1.03. The company’s 50-day moving average is GBX 171.03 and its 200-day moving average is GBX 169.58. The firm has a market cap of £974.23 million, a price-to-earnings ratio of 889.44, a P/E/G ratio of 15.99 and a beta of 0.66.

Ninety One Group Company Profile

Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries.