Tatton Asset Management (LON:TAM) Reaches New 52-Week High - Should You Buy?

Key Points

• Tatton Asset Management plc reached a new 52-week high during trading, with the stock hitting GBX 750 ($10.15) and closing at the same price.
• The company reported an earnings per share (EPS) of GBX 29.42 ($0.40) for the last quarter, indicating a strong net margin of 36.32% and a return on equity of 31.98%.
• With a market cap of £453.28 million, Tatton has a price-to-earnings ratio of 33.82 and a debt-to-equity ratio of 1.52.

Tatton Asset Management plc (LON:TAM - Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as GBX 750 ($10.15) and last traded at GBX 750 ($10.15), with a volume of 208028 shares. The stock had previously closed at GBX 738 ($9.99).

Tatton Asset Management Stock Up 1.6%

The company has a current ratio of 3.71, a quick ratio of 3.50 and a debt-to-equity ratio of 1.52. The company has a market cap of £453.28 million, a price-to-earnings ratio of 33.82, a PEG ratio of 1.91 and a beta of 1.03. The firm's fifty day simple moving average is GBX 689.69 and its 200 day simple moving average is GBX 646.44.

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