Quilter (OTCMKTS:QUILF) Shares Down 4.9% – Here’s What Happened

Quilter plc (OTCMKTS:QUILF)’s stock price was down 4.9% during trading on Monday. The stock traded as low as $2.4250 and last traded at $2.4250. Approximately 500 shares were traded during mid-day trading, a decline of 25% from the average session volume of 667 shares. The stock had previously closed at $2.55.

Wall Street Analyst Weigh In

QUILF has been the subject of a number of recent analyst reports. Citigroup reiterated a “neutral” rating on shares of Quilter in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Quilter in a research report on Friday, July 3rd. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Quilter currently has an average rating of “Hold”.

Quilter Stock Performance

The stock’s 50-day moving average price is $2.67 and its 200-day moving average price is $2.70.

Quilter Company Profile

Quilter plc is a United Kingdom-based wealth management company that provides investment, financial planning and advice services to individuals, families and institutions. Its business is focused primarily on helping clients build, manage and preserve wealth through a combination of professional advice, investment solutions and digital administration platforms.

The company operates through businesses that include Quilter Financial Planning, which supports a network of financial advisers; Quilter Cheviot, which provides discretionary investment management; and Quilter Investors, which develops and manages investment strategies and funds.