Ninety One Group (LON:N91) Sets New 12-Month Low - Should You Sell?

Shares of Ninety One Group (LON:N91 - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 142.20 ($1.77) and last traded at GBX 142.20 ($1.77), with a volume of 257754 shares. The stock had previously closed at GBX 144.80 ($1.81).

Ninety One Group Trading Down 1.8 %

The stock has a fifty day simple moving average of GBX 155.89 and a 200 day simple moving average of GBX 165.17. The firm has a market capitalization of £858.33 million, a P/E ratio of 790.00, a PEG ratio of 15.99 and a beta of 0.66. The company has a quick ratio of 0.07, a current ratio of 1.03 and a debt-to-equity ratio of 25.76.

Ninety One Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, December 12th were paid a dividend of GBX 5.40 ($0.07) per share. This represents a yield of 3.33%. The ex-dividend date of this dividend was Thursday, December 12th. Ninety One Group's dividend payout ratio (DPR) is presently 6,666.67%.

About Ninety One Group

Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries.