AJ Bell (LON:AJB) Stock Price Up 1.5% - What's Next?

AJ Bell plc (LON:AJB - Get Free Report) rose 1.5% during trading on Tuesday . The stock traded as high as GBX 457.20 ($6.08) and last traded at GBX 455.40 ($6.06). Approximately 568,259 shares changed hands during trading, a decline of 72% from the average daily volume of 2,022,640 shares. The stock had previously closed at GBX 448.60 ($5.97).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "buy" rating on shares of AJ Bell in a report on Thursday, April 24th.

AJ Bell Stock Performance

The company has a fifty day moving average price of GBX 413.31 and a 200 day moving average price of GBX 436.38. 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 stock has a market cap of £1.88 billion, a PE ratio of 23.29, a P/E/G ratio of 5.73 and a beta of 0.99.

AJ Bell Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, April 10th were paid a GBX 11.40 ($0.15) dividend. This represents a dividend yield of 4.11%. This is an increase from AJ Bell's previous dividend of $8.25. The ex-dividend date was Thursday, April 10th. AJ Bell's payout ratio is presently 61.37%.

Insider Activity

In other AJ Bell news, insider Peter Birch purchased 557 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average cost of GBX 413 ($5.50) per share, with a total value of £2,300.41 ($3,061.50). Also, insider Leslie Michael Platts sold 9,494 shares of the business's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of GBX 419 ($5.58), for a total value of £39,779.86 ($52,940.99). Insiders own 29.60% of the company's stock.

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.

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