Tatton Asset Management (LON:TAM) Stock Price Up 1.1% - Should You Buy?

Key Points

• Tatton Asset Management's stock price increased by 1.1%, trading at GBX 738 ($9.89) with a significant drop in trading volume.
• The company has a market cap of £446.35 million and notable financial metrics including a PE ratio of 2,815.72 and a debt-to-equity ratio of 1.52.
• Insider Paul Edwards sold 27,180 shares at an average price of GBX 718, indicating that 19.19% of the stock is currently owned by insiders.

Shares of Tatton Asset Management plc (LON:TAM - ) traded up 1.1% on Wednesday . The stock traded as high as GBX 738 ($9.89) and last traded at GBX 738 ($9.89). 15,980 shares traded hands during trading, a decline of 82% from the average session volume of 86,717 shares. The stock had previously closed at GBX 730 ($9.79).

Tatton Asset Management Stock Performance

The firm has a 50 day moving average of GBX 713.51 and a two-hundred day moving average of GBX 665.88. The stock has a market cap of £446.35 million, a PE ratio of 2,815.72, a PEG 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.

Insiders Place Their Bets

In related news, insider Paul Edwards sold 27,180 shares of the business'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 transaction of £195,152.40. 19.19% of the stock is currently owned by insiders.

Tatton Asset Management Company Profile

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.