Mattioli Woods plc (LON:MTW) reached a new 52-week high on Thursday . The company traded as high as GBX 835 ($10.98) and last traded at GBX 822.50 ($10.82), with a volume of 5825 shares trading hands. The stock had previously closed at GBX 822.50 ($10.82).
Separately, Shore Capital reiterated a “buy” rating on shares of Mattioli Woods in a research report on Monday, January 6th.
The firm’s fifty day moving average price is GBX 774.76 and its 200-day moving average price is GBX 749.51. The company has a market capitalization of $221.12 million and a price-to-earnings ratio of 26.79.
Mattioli Woods plc provides wealth management and employee benefit services in the United Kingdom. It operates through Pension Consultancy and Administration, Investment and Asset Management, Property Management, and Employee Benefits segments. The company offers financial planning services, such as wealth building, trust planning, inheritance tax and estate planning, exit planning, and executive financial counselling services; investment products and services to support client strategies, as well as strategic planning and advisory services; and self-invested personal and small self-administered pension schemes, and trustee services.
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