Ninety One Group (LON:N91) Shares Up 0.8% - Time to Buy?

Shares of Ninety One Group (LON:N91 - Get Free Report) traded up 0.8% during mid-day trading on Thursday . The stock traded as high as GBX 155.54 ($1.96) and last traded at GBX 154.30 ($1.95). 638,813 shares changed hands during trading, an increase of 16% from the average session volume of 549,485 shares. The stock had previously closed at GBX 153 ($1.93).

Ninety One Group Price Performance

The company has a current ratio of 1.03, a quick ratio of 0.07 and a debt-to-equity ratio of 25.76. The business's fifty day moving average is GBX 167.26 and its 200 day moving average is GBX 167.41. The company has a market cap of £923.52 million, a P/E ratio of 850.00, a PEG 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. Shareholders of record on Thursday, December 12th will be paid a GBX 5.40 ($0.07) dividend. The ex-dividend date is Thursday, December 12th. This represents a dividend yield of 3.33%. Ninety One Group's 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.