Premier Miton Group (LON:PMI) Trading Up 0.2% – Time to Buy?

Premier Miton Group plc (LON:PMI)’s stock price shot up 0.2% on Friday . The company traded as high as GBX 55 ($0.69) and last traded at GBX 53.72 ($0.68). 617,722 shares changed hands during trading, an increase of 20% from the average session volume of 514,611 shares. The stock had previously closed at GBX 53.60 ($0.68).

Premier Miton Group Price Performance

The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.21 and a current ratio of 1.32. The stock’s fifty day moving average price is GBX 58.27 and its 200-day moving average price is GBX 61.98. The firm has a market cap of £81.18 million, a PE ratio of 37.86 and a beta of 1.22.

Premier Miton Group (LON:PMI) last issued its earnings results on Wednesday, December 4th. The company reported GBX 6.32 ($0.08) earnings per share (EPS) for the quarter. Premier Miton Group had a net margin of 3.18% and a return on equity of 1.75%. As a group, equities analysts forecast that Premier Miton Group plc will post 7.1593533 EPS for the current fiscal year.

Premier Miton Group Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 16th were given a GBX 3 ($0.04) dividend. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 5.45%. Premier Miton Group’s dividend payout ratio is presently 422.91%.

Insiders Place Their Bets

In other news, insider Piers Godfrey Harrison sold 41,580 shares of the firm’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of GBX 5,935 ($74.98), for a total value of £2,467,773 ($3,117,843.34). 17.55% of the stock is currently owned by company insiders.

Premier Miton Group Company Profile

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.