Premier Miton Group (LON:PMI) Stock Price Down 1.3% – What’s Next?

Premier Miton Group plc (LON:PMI) shares were down 1.3% on Thursday . The company traded as low as GBX 70 ($0.94) and last traded at GBX 70.08 ($0.94). Approximately 75,278 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 422,833 shares. The stock had previously closed at GBX 71 ($0.96).

Premier Miton Group Price Performance

The company has a market cap of £105.90 million, a price-to-earnings ratio of 49.39 and a beta of 1.22. The company has a 50-day simple moving average of GBX 58.38 and a 200-day simple moving average of GBX 56.53. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.21 and a current ratio of 1.32.

Premier Miton Group (LON:PMI) last posted its quarterly earnings results on Thursday, May 29th. The company reported GBX 2.65 ($0.04) earnings per share for the quarter. Premier Miton Group had a return on equity of 1.75% and a net margin of 3.18%. As a group, research analysts predict that Premier Miton Group plc will post 7.1593533 earnings per share for the current year.

Insider Activity

In other news, insider Piers Godfrey Harrison purchased 3,605 shares of the stock in a transaction that occurred on Friday, April 25th. The shares were acquired at an average price of GBX 50 ($0.67) per share, for a total transaction of £1,802.50 ($2,427.28). Insiders own 17.55% of the company’s stock.

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.