Premier Miton Group (LON:PMI) Stock Price Up 2.1% – Still a Buy?

Premier Miton Group plc (LON:PMI)’s stock price was up 2.1% during trading on Monday . The stock traded as high as GBX 38 and last traded at GBX 37.25. Approximately 392,442 shares were traded during trading, a decline of 43% from the average session volume of 685,061 shares. The stock had previously closed at GBX 36.50.

Analyst Ratings Changes

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

Premier Miton Group Trading Up 2.1%

The business has a fifty day moving average of GBX 37.98 and a 200-day moving average of GBX 42.16. The stock has a market capitalization of £59.22 million, a price-to-earnings ratio of 620.83 and a beta of 0.51. The company has a debt-to-equity ratio of 1.47, a current ratio of 242.13 and a quick ratio of 1.21.

Premier Miton Group (LON:PMI) last issued its quarterly earnings results on Thursday, June 4th. The company reported GBX 1.54 earnings per share for the quarter. Premier Miton Group had a net margin of 0.16% and a return on equity of 0.09%. The company had revenue of GBX 2,692 million during the quarter. On average, equities analysts anticipate that Premier Miton Group plc will post 7.1593533 earnings per share for the current fiscal year.

About Premier Miton Group

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.