Ninety One Group (LON:N91) Hits New 52-Week Low – Here’s Why

Ninety One Group (LON:N91)’s stock price reached a new 52-week low on Thursday . The stock traded as low as GBX 136.70 ($1.66) and last traded at GBX 143.80 ($1.75), with a volume of 27206 shares trading hands. The stock had previously closed at GBX 143.50 ($1.75).

Ninety One Group Trading Up 3.7 %

The company has a market cap of £915.07 million, a PE ratio of 842.22, a price-to-earnings-growth ratio of 15.99 and a beta of 0.66. The company has a debt-to-equity ratio of 25.76, a current ratio of 1.03 and a quick ratio of 0.07. The company’s 50 day simple moving average is GBX 152.19 and its two-hundred day simple moving average is GBX 163.78.

Ninety One Group Cuts Dividend

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

Ninety One Group Company Profile

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.