Tatton Asset Management (LON:TAM) Hits New 12-Month High - Time to 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)'s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 750 ($10.09) and last traded at GBX 750 ($10.09), with a volume of 208028 shares traded. The stock had previously closed at GBX 738 ($9.93).

Tatton Asset Management Stock Performance

The stock has a market cap of £447.23 million, a PE ratio of 33.36, a P/E/G ratio of 1.91 and a beta of 1.03. The company has a quick ratio of 3.50, a current ratio of 3.71 and a debt-to-equity ratio of 1.52. The stock has a 50-day moving average of GBX 699.09 and a 200 day moving average of GBX 649.16.

Tatton Asset Management (LON:TAM - Get Free Report) last announced its quarterly earnings data on Tuesday, June 10th. The company reported GBX 29.42 EPS for the quarter. Tatton Asset Management had a return on equity of 31.98% and a net margin of 36.32%. Equities analysts predict that Tatton Asset Management plc will post 26.0903733 EPS 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.