Tatton Asset Management (LON:TAM) Stock Passes Below 50-Day Moving Average - What's Next?

Tatton Asset Management plc (LON:TAM - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 646.16 ($8.33) and traded as low as GBX 610 ($7.86). Tatton Asset Management shares last traded at GBX 620 ($7.99), with a volume of 28,294 shares trading hands.

Tatton Asset Management Trading Up 1.3 %

The company has a market cap of £369.87 million, a P/E ratio of 27.59, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03. The firm has a 50-day moving average of GBX 643.44 and a 200 day moving average of GBX 673.79. The company has a current ratio of 3.71, a quick ratio of 3.50 and a debt-to-equity ratio of 1.52.

Insiders Place Their Bets

In other news, insider Paul Edwards sold 5,000 shares of the company's stock in a transaction dated Friday, January 17th. The shares were sold at an average price of GBX 680 ($8.77), for a total transaction of £34,000 ($43,825.73). Company insiders own 28.70% of the company's stock.

Tatton Asset Management Company Profile

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul's vision in starting Tatton Asset Management was to create a range of services to power the UK's leading financial advisers, facilitating expansion and enabling them to better service their clients.