Ninety One Group (LON:N91) Hits New 1-Year Low – Here’s Why

Ninety One Group (LON:N91)’s stock price reached a new 52-week low on Monday . The company traded as low as GBX 150.50 ($1.89) and last traded at GBX 151.20 ($1.90), with a volume of 226397 shares changing hands. The stock had previously closed at GBX 153 ($1.92).

Ninety One Group Stock Up 0.5 %

The firm’s 50 day moving average is GBX 165.10 and its 200-day moving average is GBX 166.97. The firm has a market cap of £898.78 million, a PE ratio of 827.22, a P/E/G 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 declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 5.40 ($0.07) per share. This represents a dividend yield of 3.33%. The ex-dividend date is Thursday, December 12th. 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.