Premier Miton Group (LON:PMI) Stock Price Up 0.5% – What’s Next?

Premier Miton Group plc (LON:PMI)’s stock price shot up 0.5% during mid-day trading on Friday . The company traded as high as GBX 37.50 and last traded at GBX 37.20. 173,979 shares were traded during trading, a decline of 78% from the average session volume of 787,269 shares. The stock had previously closed at GBX 37.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group lowered Premier Miton Group to a “buy” rating and set a GBX 58 price objective on the stock. in a research note on Thursday, April 16th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 58.

Premier Miton Group Stock Performance

The company has a 50-day moving average of GBX 41.59 and a 200 day moving average of GBX 48.39. The company has a quick ratio of 1.21, a current ratio of 1.27 and a debt-to-equity ratio of 1.65. The firm has a market capitalization of £58.62 million, a PE ratio of 48.95 and a beta of 0.50.

Insider Activity

In other Premier Miton Group news, insider Michael Patrick O’Shea bought 4,463 shares of Premier Miton Group stock in a transaction that occurred on Friday, April 24th. The stock was acquired at an average cost of GBX 40 per share, for a total transaction of £1,785.20. Also, insider Piers Godfrey Harrison bought 4,463 shares of Premier Miton Group stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average price of GBX 40 per share, with a total value of £1,785.20. 10.79% of the stock is owned by insiders.

Premier Miton Group Company Profile

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.