Tatton Asset Management (LON:TAM) Shares Down 0.9% - Here's What Happened

Key Points

• Tatton Asset Management's shares fell by 0.9% to close at GBX 694 ($9.33), with trading volume down by 46% from its average.
• Insider Paul Edwards sold 27,180 shares at an average price of GBX 718, totaling £195,152.40, with company insiders owning 19.23% of the stock.
• The firm has a market cap of £419.74 million and notable financial ratios, including a price-to-earnings ratio of 2,647.84.

Tatton Asset Management plc (LON:TAM - ) traded down 0.9% during trading on Wednesday . The stock traded as low as GBX 690 ($9.28) and last traded at GBX 694 ($9.33). 46,812 shares traded hands during trading, a decline of 46% from the average session volume of 86,635 shares. The stock had previously closed at GBX 700 ($9.41).

Tatton Asset Management Stock Down 0.9%

The firm has a 50 day moving average of GBX 719.13 and a 200 day moving average of GBX 658.53. The firm has a market cap of £419.74 million, a price-to-earnings ratio of 2,647.84, a PEG 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.

Insider Buying and Selling

In other Tatton Asset Management news, insider Paul Edwards sold 27,180 shares of the firm's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of GBX 718, for a total value of £195,152.40. Company insiders own 19.23% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.