Premier Miton Group (LON:PMI) Trading Down 0.8% - Time to Sell?

Premier Miton Group plc (LON:PMI - Get Free Report)'s share price fell 0.8% during mid-day trading on Monday . The company traded as low as GBX 47 ($0.63) and last traded at GBX 47.62 ($0.63). 459,873 shares were traded during mid-day trading, an increase of 2% from the average session volume of 451,693 shares. The stock had previously closed at GBX 48 ($0.64).

Premier Miton Group Price Performance

The business's 50-day moving average price is GBX 49.74 and its 200 day moving average price is GBX 55.81. The company has a quick ratio of 1.21, a current ratio of 1.32 and a debt-to-equity ratio of 1.95. The company has a market capitalization of £75.56 million, a P/E ratio of 35.24 and a beta of 1.22.

Premier Miton Group Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 16th were given a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a dividend yield of 5.45%. Premier Miton Group's dividend payout ratio (DPR) is currently 422.91%.

Insider Buying and Selling

In other news, insider Michael Patrick O'Shea purchased 1,162 shares of the stock in a transaction on Tuesday, February 25th. The shares were acquired at an average price of GBX 55 ($0.73) per share, for a total transaction of £639.10 ($851.00). 17.55% of the stock is currently owned by company insiders.

Premier Miton Group Company Profile

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.