Tatton Asset Management (LON:TAM) Stock Falls 1.3% – Should You Sell?

Tatton Asset Management plc (LON:TAM) fell 1.3% on Friday. The company traded as low as GBX 622 and last traded at GBX 626. Approximately 142,716 shares were traded during mid-day trading, a decline of 18% from the average session volume of 174,618 shares. The stock had previously closed at GBX 634.

Tatton Asset Management Trading Down 1.3%

The company has a quick ratio of 3.50, a current ratio of 3.36 and a debt-to-equity ratio of 1.15. The firm has a market cap of £380.03 million, a price-to-earnings ratio of 20.71, a price-to-earnings-growth ratio of 1.91 and a beta of 0.71. The business has a 50 day moving average of GBX 681.83 and a 200 day moving average of GBX 655.02.

Insider Transactions at Tatton Asset Management

In other Tatton Asset Management news, insider Paul Edwards sold 20,000 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of GBX 665, for a total transaction of £133,000. Also, insider Lothar Mentel sold 751 shares of Tatton Asset Management stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of GBX 698, for a total transaction of £5,241.98. 18.94% of the stock is currently owned by company insiders.

Tatton Asset Management Company Profile

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients. Tatton Asset Management offers on-platform only discretionary fund management, regulatory, compliance and business consulting services, as well as a whole of market mortgage provision, to Directly Authorised financial advisers across the UK.