Ninety One Group (LON:N91) Trading 0.5% Higher – What’s Next?

Shares of Ninety One Group (LON:N91Get Free Report) traded up 0.5% during mid-day trading on Tuesday . The company traded as high as GBX 214.16 and last traded at GBX 213.52. 657,760 shares were traded during mid-day trading, a decline of 76% from the average session volume of 2,738,742 shares. The stock had previously closed at GBX 212.40.

Ninety One Group Trading Up 1.2%

The company has a debt-to-equity ratio of 14.85, a current ratio of 72.41 and a quick ratio of 0.07. The firm’s 50 day moving average price is GBX 217.19 and its 200 day moving average price is GBX 226.28. The stock has a market capitalization of £2.06 billion, a P/E ratio of 12.50, a P/E/G ratio of 15.99 and a beta of 0.76.

Ninety One Group (LON:N91Get Free Report) last posted its earnings results on Wednesday, June 3rd. The company reported GBX 17.40 earnings per share (EPS) for the quarter. Ninety One Group had a return on equity of 28.08% and a net margin of 19.63%.The company had revenue of £763.30 million for the quarter. As a group, equities research analysts expect that Ninety One Group will post 15.1025641 earnings per share for the current fiscal year.

Insider Transactions at Ninety One Group

In other Ninety One Group news, insider Hendrik du Toit bought 271 shares of Ninety One Group stock in a transaction dated Friday, July 3rd. The shares were purchased at an average cost of GBX 214 per share, with a total value of £579.94. Also, insider Kim Mary McFarland sold 133,523 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of GBX 220, for a total value of £293,750.60. Corporate insiders own 0.56% of the company’s stock.

Ninety One Group Company Profile

(Get Free Report)

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. It seeks to invest in South African companies struggling with the economic fallout from the spread of coronavirus. Ninety One Group was founded in 1991 and is headquartered in Cape Town, South Africa with additional offices in Africa.

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