Premier Miton Group (LON:PMI) Trading 2.1% Higher – Time to Buy?

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

Analysts Set New Price Targets

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

Premier Miton Group Stock Up 1.3%

The company has a market cap of £60.42 million, a PE ratio of 633.33 and a beta of 0.51. The business has a 50-day simple moving average of GBX 37.99 and a 200-day simple moving average of GBX 42.03. The company has a quick ratio of 1.21, a current ratio of 242.13 and a debt-to-equity ratio of 1.47.

Premier Miton Group (LON:PMI) last posted its quarterly earnings data on Thursday, June 4th. The company reported GBX 1.54 EPS for the quarter. The business had revenue of GBX 2,692 million during the quarter. Premier Miton Group had a return on equity of 0.09% and a net margin of 0.16%. Equities research analysts anticipate that Premier Miton Group plc will post 7.1593533 EPS for the current 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.