Tatton Asset Management (LON:TAM) Hits New 1-Year High - What's Next?

Key Points

• Tatton Asset Management shares reached a new 52-week high of GBX 740 ($9.95), closing at the same price with a trading volume of 218,149 shares.
• The company's market capitalization is £447.23 million, with a price-to-earnings ratio of 33.36 and a return on equity of 31.98%.
• Analysts expect Tatton Asset Management to post earnings per share of approximately 26.09 for the current fiscal year.

Tatton Asset Management plc (LON:TAM - Get Free Report)'s share price reached a new 52-week high on Friday . The company traded as high as GBX 740 ($9.95) and last traded at GBX 740 ($9.95), with a volume of 218149 shares traded. The stock had previously closed at GBX 730 ($9.82).

Tatton Asset Management Stock Performance

The firm has a market capitalization of £447.23 million, a price-to-earnings ratio of 33.36, a PEG ratio of 1.91 and a beta of 1.03. The firm has a 50 day moving average price of GBX 677.38 and a 200-day moving average price of GBX 643.73. The company has a debt-to-equity ratio of 1.52, a current ratio of 3.71 and a quick ratio of 3.50.

Tatton Asset Management (LON:TAM - Get Free Report) last issued its quarterly earnings results on Tuesday, June 10th. The company reported GBX 29.42 ($0.40) earnings per share for the quarter. Tatton Asset Management had a return on equity of 31.98% and a net margin of 36.32%. As a group, sell-side analysts expect that Tatton Asset Management plc will post 26.0903733 earnings per share for the current fiscal year.

About Tatton Asset Management

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul's vision in starting Tatton Asset Management was to create a range of services to power the UK's leading financial advisers, facilitating expansion and enabling them to better service their clients.

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