Premier Miton Group (LON:PMI) Trading 2.4% Higher – Still a Buy?

Premier Miton Group plc (LON:PMI)’s stock price rose 2.4% during trading on Friday . The company traded as high as GBX 61 ($0.74) and last traded at GBX 60.80 ($0.74). Approximately 2,581,378 shares changed hands during trading, an increase of 204% from the average daily volume of 848,629 shares. The stock had previously closed at GBX 59.40 ($0.73).

Premier Miton Group Trading Up 2.4 %

The stock has a market cap of £94.03 million, a PE ratio of 6,080.00 and a beta of 1.22. The company has a 50 day moving average of GBX 59.43 and a two-hundred day moving average of GBX 64.87. The company has a debt-to-equity ratio of 1.93, a quick ratio of 1.21 and a current ratio of 1.24.

Premier Miton Group Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 16th will be issued a GBX 3 ($0.04) dividend. This represents a yield of 5.45%. The ex-dividend date of this dividend is Thursday, January 16th. Premier Miton Group’s payout ratio is currently 60,000.00%.

Insider Activity at Premier Miton Group

In related 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 ($72.47), for a total transaction of £2,467,773 ($3,013,153.85). 17.55% of the stock is currently owned by insiders.

About Premier Miton Group

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.