Ninety One Group (LON:N91) Hits New 52-Week Low - What's Next?

Ninety One Group (LON:N91 - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 150.50 ($1.90) and last traded at GBX 151.20 ($1.91), with a volume of 226397 shares changing hands. The stock had previously closed at GBX 153 ($1.93).

Ninety One Group Price Performance

The company has a debt-to-equity ratio of 25.76, a quick ratio of 0.07 and a current ratio of 1.03. The company's 50 day moving average price is GBX 167.26 and its 200 day moving average price is GBX 167.38. The company has a market cap of £912.66 million, a price-to-earnings ratio of 850.00, a P/E/G ratio of 15.99 and a beta of 0.66.

Ninety One Group Cuts Dividend

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

Ninety One Group Company Profile

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.

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