Ninety One Group (LON:N91) Stock Price Up 9.5% - Time to Buy?

Shares of Ninety One Group (LON:N91 - Get Free Report) traded up 9.5% on Wednesday . The company traded as high as GBX 178.10 ($2.41) and last traded at GBX 177.60 ($2.41). 986,343 shares changed hands during trading, a decline of 22% from the average session volume of 1,271,867 shares. The stock had previously closed at GBX 162.20 ($2.20).

Ninety One Group Trading Up 9.5%

The business's 50 day moving average is GBX 145.85 and its 200-day moving average is GBX 148.27. The firm has a market cap of £1.57 billion, a P/E ratio of 10.23, a price-to-earnings-growth ratio of 15.99 and a beta of 0.66. The company has a quick ratio of 0.07, a current ratio of 1.03 and a debt-to-equity ratio of 25.60.

Ninety One Group (LON:N91 - Get Free Report) last issued its quarterly earnings results on Wednesday, June 4th. The company reported GBX 15.50 ($0.21) earnings per share for the quarter. Ninety One Group had a return on equity of 42.90% and a net margin of 26.24%. As a group, analysts forecast that Ninety One Group will post 15.1025641 earnings per share for the current fiscal year.

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.

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