Tatton Asset Management (LON:TAM) Stock Price Down 0.8% - Here's Why

Key Points

• Tatton Asset Management plc shares fell by 0.8% to last trade at GBX 738 ($9.96) after reaching a low of GBX 736 ($9.94) during the day.
• The company reported a Q2 earnings per share of GBX 29.42 ($0.40) and has a return on equity of 31.98% with a net margin of 36.32%.
• Tatton Asset Management has a market capitalization of £446.03 million and a price-to-earnings ratio of 33.27, indicating its valuation level in the market.

Tatton Asset Management plc (LON:TAM - Get Free Report)'s stock price dropped 0.8% during mid-day trading on Tuesday . The stock traded as low as GBX 736 ($9.96) and last traded at GBX 738 ($9.99). Approximately 91,423 shares traded hands during trading, an increase of 6% from the average daily volume of 86,176 shares. The stock had previously closed at GBX 744 ($10.07).

Tatton Asset Management Stock Up 1.6%

The firm's fifty day moving average price is GBX 689.69 and its 200-day moving average price is GBX 646.44. The company has a market capitalization of £453.28 million, a price-to-earnings ratio of 33.82, 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 current ratio of 3.71 and a quick ratio of 3.50.

Tatton Asset Management (LON:TAM - Get Free Report) last announced its quarterly 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 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.