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

Shares of Ninety One Group (LON:N91 - Get Free Report) rose 9.5% during mid-day trading on Thursday . The company traded as high as GBX 178.10 ($2.42) and last traded at GBX 177.60 ($2.41). Approximately 986,343 shares traded hands during trading, a decline of 22% from the average daily volume of 1,271,867 shares. The stock had previously closed at GBX 162.20 ($2.20).

Ninety One Group Stock Performance

The stock has a market cap of £1.56 billion, a PE ratio of 10.13, a P/E/G ratio of 15.99 and a beta of 0.66. The company has a debt-to-equity ratio of 25.60, a current ratio of 1.03 and a quick ratio of 0.07. The stock has a 50-day simple moving average of GBX 147 and a 200-day simple moving average of GBX 148.56.

Ninety One Group (LON:N91 - Get Free Report) last issued its earnings results on Wednesday, June 4th. The company reported GBX 15.50 ($0.21) earnings per share (EPS) for the quarter. Ninety One Group had a return on equity of 42.90% and a net margin of 26.24%. Equities analysts predict 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.