Ninety One Group (LON:N91) Hits New 1-Year Low – Here’s Why

Ninety One Group (LON:N91)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 142.20 ($1.78) and last traded at GBX 142.20 ($1.78), with a volume of 257754 shares trading hands. The stock had previously closed at GBX 144.80 ($1.81).

Ninety One Group Trading Down 1.8 %

The company’s fifty day moving average price is GBX 156.41 and its two-hundred day moving average price is GBX 165.40. The company has a quick ratio of 0.07, a current ratio of 1.03 and a debt-to-equity ratio of 25.76. The company has a market cap of £858.33 million, a price-to-earnings ratio of 790.00, a price-to-earnings-growth ratio of 15.99 and a beta of 0.66.

Ninety One Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th were given a GBX 5.40 ($0.07) dividend. The ex-dividend date was Thursday, December 12th. This represents a yield of 3.33%. Ninety One Group’s payout ratio is 6,666.67%.

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.