Tatton Asset Management (LON:TAM) Trading Up 1.5% – Still a Buy?

Tatton Asset Management plc (LON:TAM)’s stock price shot up 1.5% during mid-day trading on Tuesday . The stock traded as high as GBX 632 ($8.18) and last traded at GBX 627.50 ($8.12). 46,795 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 55,307 shares. The stock had previously closed at GBX 618 ($8.00).

Tatton Asset Management Stock Performance

The stock has a 50-day moving average price of GBX 650.44 and a 200-day moving average price of GBX 677.99. The company has a market capitalization of £386.80 million, a price-to-earnings ratio of 28.86, a PEG ratio of 1.91 and a beta of 1.03. The company has a debt-to-equity ratio of 1.52, a current ratio of 3.71 and a quick ratio of 3.50.

Insider Buying and Selling at Tatton Asset Management

In other news, insider Paul Edwards sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of GBX 680 ($8.80), for a total transaction of £34,000 ($44,018.64). Corporate insiders own 28.70% of the company’s stock.

About Tatton Asset Management

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.