Premier Miton Group (LON:PMI) Trading Down 1.2% – Time to Sell?

Premier Miton Group plc (LON:PMI)’s share price dropped 1.2% on Monday . The stock traded as low as GBX 49 ($0.64) and last traded at GBX 49.80 ($0.65). Approximately 237,456 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 448,028 shares. The stock had previously closed at GBX 50.40 ($0.65).

Premier Miton Group Stock Down 0.1 %

The company has a market cap of £74.71 million, a price-to-earnings ratio of 34.85 and a beta of 1.22. The business has a fifty day moving average of GBX 53.22 and a two-hundred day moving average of GBX 58.05. The company has a current ratio of 1.32, a quick ratio of 1.21 and a debt-to-equity ratio of 1.95.

Premier Miton Group Announces Dividend

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

Insider Activity

In other news, insider Michael Patrick O’Shea sold 100,203 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of GBX 51 ($0.66), for a total transaction of £51,103.53 ($66,359.60). Insiders own 17.55% of the company’s stock.

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.