Ninety One Group (LON:N91 - Get Free Report)'s share price rose 1.2% during mid-day trading on Friday . The company traded as high as GBX 167.90 ($2.18) and last traded at GBX 167.10 ($2.17). Approximately 490,107 shares were traded during trading, a decline of 12% from the average daily volume of 554,193 shares. The stock had previously closed at GBX 165.20 ($2.14).
Separately, JPMorgan Chase & Co. lowered their price target on shares of Ninety One Group from GBX 179 ($2.32) to GBX 173 ($2.24) and set a "neutral" rating for the company in a research report on Thursday, August 1st.
Read Our Latest Stock Report on Ninety One Group
The business's fifty day simple moving average is GBX 171.16 and its 200 day simple moving average is GBX 169.83. The company has a current ratio of 1.03, a quick ratio of 0.07 and a debt-to-equity ratio of 25.76. The stock has a market cap of £1.01 billion, a price-to-earnings ratio of 928.33, a price-to-earnings-growth ratio of 15.99 and a beta of 0.66.
Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries.
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