Ninety One Group (LON:N91) Hits New 12-Month Low – Should You Sell?

Ninety One Group (LON:N91)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 146.90 ($1.85) and last traded at GBX 147 ($1.85), with a volume of 9329180 shares traded. The stock had previously closed at GBX 148 ($1.86).

Ninety One Group Stock Performance

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 has a fifty day moving average of GBX 163.40 and a two-hundred day moving average of GBX 166.65. The stock has a market capitalization of £887.31 million, a P/E ratio of 816.67, a price-to-earnings-growth ratio of 15.99 and a beta of 0.66.

Ninety One Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Thursday, December 12th will be given a dividend of GBX 5.40 ($0.07) per share. This represents a dividend yield of 3.33%. The ex-dividend date of this dividend is Thursday, December 12th. Ninety One Group’s dividend payout ratio is presently 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.