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LON:ASTO

AssetCo (ASTO) Share Price, News & Analysis

AssetCo logo

About AssetCo Stock (LON:ASTO)

Key Stats

Today's Range
N/A
50-Day Range
N/A
52-Week Range
N/A
Volume
2.29 million shs
Average Volume
723,164 shs
Market Capitalization
£52.92 million
P/E Ratio
N/A
Dividend Yield
2.80%
Price Target
N/A
Consensus Rating
N/A

Company Overview

AssetCo is primarily involved in acquiring, managing and operating asset and wealth management activities and interests, together with other related services. The strategy principally focuses on making strategic acquisitions and building organic activities in areas of the asset and wealth management sector where structural shifts have the potential to deliver exceptional growth opportunities. This could include strategic acquisitions of undervalued asset and wealth management businesses which have core capabilities that play to these structural shifts, and where active management can unlock value. The global asset and wealth management sector is estimated to have around $110 trillion in AUM. While the industry has seen material growth in AUM in recent decades, supported by rising financial markets, global macroeconomic growth and an increasing population of savers, it is also having to contend with significant structural shifts. These structural shifts include: -a lower return environment for investments due to interest rate dynamics; -shifts to more passive investment products in traditional public markets and to private markets asset classes that can offer diversification and potentially higher returns; -a reorientation from institutional to individual investors, as individuals have to take more responsibility for their financial future; -a continuing drive by investors and regulators for lower fees and to ensure “value for money”; -increasing regulation and the cost thereof; an increasing use of technology and a drive for digitalisation, particularly in consumer-facing segments; -a greater focus on environmental, social and governance aspects and the nature of underlying investments; and -an ongoing and increasing polarisation of the industry, including a consolidation among larger and medium-sized asset managers, driven by economies of scale, and the growth of smaller boutiques in specialist asset classes.

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ASTO Stock News Headlines

River Global PLC (ASTO)
Financial legend: “This is bad, really bad...”
Dr. Martin D. Weiss has publicly predicted six major American financial crashes over his 55-year career leading Weiss Ratings, the only conflict-free rating agency in the US. Now he says a $3 trillion problem could trigger a chain reaction of crashes and failures, causing a global freeze in financial markets.tc pixel
3 UK Penny Stocks Under £80M Market Cap
AssetCo plc (ASTO.L)
See More Headlines

ASTO Stock Analysis - Frequently Asked Questions

AssetCo plc (LON:ASTO) announced its earnings results on Thursday, March, 6th. The company reported GBX (1.48) earnings per share (EPS) for the quarter. AssetCo had a negative net margin of 17.71% and a negative trailing twelve-month return on equity of 4.58%.

Company Calendar

Last Earnings
3/06/2025
Today
10/28/2026

Industry, Sector and Symbol

Stock Exchange
LON
Sector
Finance
Industry
Capital Markets
Sub-Industry
Asset Management & Custody Banks
Current Symbol
LON:ASTO
CIK
N/A
Phone
N/A
Fax
N/A
Employees
125
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
GBX (2.91)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-£4.23 million
Net Margins
-17.71%
Pretax Margin
N/A
Return on Equity
-4.58%
Return on Assets
-5.01%

Debt

Debt-to-Equity Ratio
1.62
Current Ratio
2.63
Quick Ratio
3.56

Sales & Book Value

Annual Sales
£11.33 million
Price / Sales
0.00
Cash Flow
N/A
Price / Cash Flow
3.60
Book Value
GBX 30.24 per share
Price / Book
N/A

Miscellaneous

Outstanding Shares
143,805,241
Free Float
N/A
Market Cap
£52.92 million
Optionable
Not Optionable
Beta
0.47
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This page (LON:ASTO) was last updated on 3/6/2025 by MarketBeat.com Staff.
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