Premier Miton Group (LON:PMI) Stock Price Up 0.2% – Still a Buy?

Premier Miton Group plc (LON:PMI)’s stock price traded up 0.2% during trading on Friday . The company traded as high as GBX 55 ($0.69) and last traded at GBX 53.72 ($0.68). 617,722 shares were traded during trading, an increase of 20% from the average session volume of 514,611 shares. The stock had previously closed at GBX 53.60 ($0.68).

Premier Miton Group Stock Performance

The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.21 and a current ratio of 1.32. The firm has a market capitalization of £81.18 million, a price-to-earnings ratio of 37.86 and a beta of 1.22. The firm’s 50-day moving average price is GBX 58.27 and its two-hundred day moving average price is GBX 61.98.

Premier Miton Group (LON:PMI) last announced its quarterly earnings results on Wednesday, December 4th. The company reported GBX 6.32 ($0.08) EPS for the quarter. Premier Miton Group had a return on equity of 1.75% and a net margin of 3.18%. Sell-side analysts predict that Premier Miton Group plc will post 7.1593533 earnings per share for the current year.

Premier Miton Group Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 16th were paid a dividend of GBX 3 ($0.04) per share. The ex-dividend date was Thursday, January 16th. This represents a yield of 5.45%. Premier Miton Group’s dividend payout ratio is 422.91%.

Insider Activity

In other news, insider Piers Godfrey Harrison sold 41,580 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of GBX 5,935 ($74.98), for a total transaction of £2,467,773 ($3,117,843.34). 17.55% of the stock is currently owned by corporate insiders.

Premier Miton Group Company Profile

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.