AJ Bell (LON:AJB) Hits New 1-Year High - Here's What Happened

Shares of AJ Bell plc (LON:AJB - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 549 ($7.37) and last traded at GBX 529 ($7.10), with a volume of 85880 shares changing hands. The stock had previously closed at GBX 524.50 ($7.04).

Analyst Upgrades and Downgrades

A number of research firms have commented on AJB. Shore Capital reaffirmed a "buy" rating on shares of AJ Bell in a research note on Thursday, April 24th. Citigroup upped their price objective on shares of AJ Bell from GBX 395 ($5.30) to GBX 410 ($5.51) and gave the company a "sell" rating in a research note on Thursday, July 10th.

AJ Bell Stock Down 0.4%

The company has a quick ratio of 7.16, a current ratio of 3.63 and a debt-to-equity ratio of 6.46. The company has a market capitalization of £2.16 billion, a PE ratio of 26.77, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. The business's 50 day simple moving average is GBX 494.50 and its 200 day simple moving average is GBX 448.

AJ Bell Company Profile

Established in 1995, AJ Bell is one of the largest investment platforms in the UK, operating at scale in both the advised and direct-to-consumer markets. Our purpose is to help people invest by providing them with easy access to Pensions, ISAs and General investment accounts, great customer service and competitive charges. Our two core platform propositions are AJ Bell in the D2C market and AJ Bell Investcentre in the advised market, which both provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our own range of AJ Bell funds.