Tatton Asset Management (LON:TAM) Shares Down 0.3% - Time to Sell?

Key Points

• Tatton Asset Management's shares decreased by 0.3% during mid-day trading, with a last traded price of GBX 718 ($9.65) from a previous close of GBX 720 ($9.68).
• The company has a market capitalization of £432.18 million and a high price-to-earnings (P/E) ratio of 2,739.41, indicating potential concerns over valuation.
• For the recent quarter, Tatton reported an earnings per share (EPS) of GBX 29.42 and a return on equity of 31.98%, suggesting strong profitability despite recent stock performance.

Tatton Asset Management plc (LON:TAM - Get Free Report) dropped 0.3% during mid-day trading on Wednesday . The stock traded as low as GBX 716 ($9.62) and last traded at GBX 718 ($9.65). Approximately 9,121 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 86,872 shares. The stock had previously closed at GBX 720 ($9.68).

Tatton Asset Management Trading Down 0.3%

The stock has a market capitalization of £432.18 million, a price-to-earnings ratio of 2,739.41, a P/E/G ratio of 1.91 and a beta of 1.03. The company has a debt-to-equity ratio of 1.52, a quick ratio of 3.50 and a current ratio of 3.71. The firm has a fifty day moving average of GBX 711.81 and a 200-day moving average of GBX 652.20.

Tatton Asset Management (LON:TAM - Get Free Report) last announced its quarterly earnings results on Tuesday, June 10th. The company reported GBX 29.42 earnings per share (EPS) for the quarter. Tatton Asset Management had a return on equity of 31.98% and a net margin of 36.32%. As a group, equities analysts predict 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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