Ninety One Group (OTCMKTS:NINTF) Shares Down 25.7% – Time to Sell?

Ninety One Group (OTCMKTS:NINTFGet Free Report)’s stock price traded down 25.7% during trading on Wednesday . The stock traded as low as C$2.60 and last traded at C$2.60. Approximately 1,000 shares traded hands during trading, a decline of 81% from the average session volume of 5,150 shares. The stock had previously closed at C$3.50.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Ninety One Group in a report on Friday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Ninety One Group currently has an average rating of “Hold”.

Read Our Latest Research Report on NINTF

Ninety One Group Price Performance

The stock’s 50 day moving average price is C$2.97 and its two-hundred day moving average price is C$3.11.

Ninety One Group Company Profile

(Get Free Report)

Ninety One Group is a global investment management firm that provides a wide range of asset management solutions for institutional, intermediary and private investors. Tracing its origins to the asset management division of Investec plc, the company established its independence in March 2020 and rebranded to Ninety One, a nod to its founding year of 1991. Headquartered in London and Cape Town, the firm leverages decades of investment experience and research capabilities to serve diverse client needs.

The company’s core offerings span equities, fixed income, multi-asset strategies and real assets, including infrastructure and real estate.

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