Rathbones Group (LON:RAT) Issues Earnings Results

Rathbones Group (LON:RAT) released its earnings results on Wednesday. The company reported GBX 161.60 ($2.04) earnings per share for the quarter, Digital Look Earnings reports. Rathbones Group had a return on equity of 4.66% and a net margin of 7.25%.

Rathbones Group Trading Down 3.2 %

Shares of LON RAT traded down GBX 54 ($0.68) during midday trading on Friday, reaching GBX 1,608 ($20.27). 250,706 shares of the stock were exchanged, compared to its average volume of 111,876. Rathbones Group has a 12 month low of GBX 1,462 ($18.43) and a 12 month high of GBX 2,005 ($25.27). The company has a market capitalization of £1.67 billion, a price-to-earnings ratio of 26.17, a P/E/G ratio of -26.52 and a beta of 0.65. The company has a debt-to-equity ratio of 7.87, a current ratio of 1.16 and a quick ratio of 0.14. The business has a 50-day simple moving average of GBX 1,686.12 and a two-hundred day simple moving average of GBX 1,728.39.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of Rathbones Group in a research report on Tuesday, January 28th.

Rathbones Group Company Profile

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients’ wealth. Our tradition of investing and acting for everyone’s tomorrow has been with us from the beginning and continues to lead us forward.

Rathbones has over 3,500 employees in 23 UK locations and Jersey; its headquarters is 8 Finsbury Circus, London, EC2M 7AZ.