Ninety One Group (LON:N91) Sets New 12-Month Low – What’s Next?

Ninety One Group (LON:N91)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 143.20 ($1.79) and last traded at GBX 144.40 ($1.81), with a volume of 209390 shares changing hands. The stock had previously closed at GBX 144 ($1.80).

Ninety One Group Stock Up 1.0 %

The company has a market capitalization of £880.06 million, a P/E ratio of 810.00, a P/E/G ratio of 15.99 and a beta of 0.66. The company has a quick ratio of 0.07, a current ratio of 1.03 and a debt-to-equity ratio of 25.76. The firm has a fifty day simple moving average of GBX 158.35 and a 200-day simple moving average of GBX 166.04.

Ninety One Group Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th were paid a GBX 5.40 ($0.07) dividend. This represents a yield of 3.33%. The ex-dividend date of this dividend was Thursday, December 12th. Ninety One Group’s payout ratio is currently 6,666.67%.

About Ninety One Group

Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries.