Ninety One Group (LON:N91) Trading Up 9.5% - Still a Buy?

Ninety One Group (LON:N91 - Get Free Report)'s stock price shot up 9.5% on Wednesday . The company traded as high as GBX 178.10 ($2.41) and last traded at GBX 177.60 ($2.40). 986,343 shares were traded 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 Stock Performance

The company has a current ratio of 1.03, a quick ratio of 0.07 and a debt-to-equity ratio of 25.60. The stock has a market cap of £1.56 billion, a price-to-earnings ratio of 10.13, a PEG ratio of 15.99 and a beta of 0.66. The stock's 50 day moving average is GBX 147.56 and its two-hundred day moving average is GBX 148.50.

Ninety One Group (LON:N91 - Get Free Report) last announced its 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 net margin of 26.24% and a return on equity of 42.90%. Analysts anticipate 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.