Tatton Asset Management (LON:TAM) Trading Down 0.6% – Here’s Why

Shares of Tatton Asset Management plc (LON:TAM) traded down 0.6% during trading on Wednesday . The company traded as low as GBX 680 ($8.30) and last traded at GBX 684 ($8.35). 8,480 shares were traded during mid-day trading, a decline of 60% from the average session volume of 21,045 shares. The stock had previously closed at GBX 688 ($8.40).

Tatton Asset Management Trading Down 2.0 %

The stock’s fifty day simple moving average is GBX 694.68 and its 200-day simple moving average is GBX 688.83. The company has a debt-to-equity ratio of 2.83, a current ratio of 3.70 and a quick ratio of 3.50. The firm has a market cap of £409.37 million, a PE ratio of 3,257.14, a PEG ratio of 1.91 and a beta of 1.03.

Tatton Asset Management Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 21st were paid a GBX 9.50 ($0.12) dividend. This is a positive change from Tatton Asset Management’s previous dividend of $8.00. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 1.34%. Tatton Asset Management’s dividend payout ratio (DPR) is 7,619.05%.

About Tatton Asset Management

Tatton Asset Management plc provides fund management, compliance consultancy, and technical support services to independent financial advisers in the United Kingdom. The company operates through two segments, Tatton and Paradigm. It also offers investment management, mortgage adviser support, and mortgage and insurance product distribution services.