Tatton Asset Management (LON:TAM) Stock Price Up 1.5% - Should You Buy?

Tatton Asset Management plc (LON:TAM - Get Free Report) was up 1.5% during mid-day trading on Tuesday . The stock traded as high as GBX 632 ($8.18) and last traded at GBX 627.50 ($8.12). Approximately 46,795 shares changed hands during mid-day trading, a decline of 15% from the average daily volume of 55,307 shares. The stock had previously closed at GBX 618 ($8.00).

Tatton Asset Management Stock Performance

The firm's fifty day moving average price is GBX 648.40 and its 200-day moving average price is GBX 677.20. The company has a market cap of £381.96 million, a P/E ratio of 28.50, a P/E/G ratio of 1.91 and a beta of 1.03. The company has a current ratio of 3.71, a quick ratio of 3.50 and a debt-to-equity ratio of 1.52.

Insider Buying and Selling

In related news, insider Paul Edwards sold 5,000 shares of the company's stock in a transaction on Friday, January 17th. The stock was sold at an average price of GBX 680 ($8.80), for a total value of £34,000 ($44,007.25). 28.70% of the stock is owned by company insiders.

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.