Quilter (LON:QLT) Trading Up 2.3% – Time to Buy?

Quilter plc (LON:QLT) shares rose 2.3% during trading on Tuesday . The company traded as high as GBX 154.60 ($1.93) and last traded at GBX 154.20 ($1.93). Approximately 580,172 shares traded hands during trading, a decline of 75% from the average daily volume of 2,314,834 shares. The stock had previously closed at GBX 150.70 ($1.89).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated an “overweight” rating on shares of Quilter in a research note on Tuesday, September 3rd.

Quilter Trading Up 2.3 %

The company has a market cap of £2.14 billion, a price-to-earnings ratio of 3,855.00, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. The company has a quick ratio of 0.05, a current ratio of 1.18 and a debt-to-equity ratio of 18.69. The company’s fifty day moving average price is GBX 148.27 and its two-hundred day moving average price is GBX 137.15.

Quilter Company Profile

Quilter plc provides advice-led investment solutions in the United Kingdom and internationally. It operates through High Net Worth and Affluent segments. The High Net Worth segment provides discretionary investment management services to high-net worth clients, charities, companies, and institutions through a network of branches; and financial advice services for protection, mortgages, savings, investment, and pensions primarily to high-net-worth clients.