Netwealth Group Ltd (ASX:NWL) shares rose 0.4% during mid-day trading on Monday . The stock traded as high as A$8.31 ($5.89) and last traded at A$8.24 ($5.84), approximately 370,442 shares were traded during mid-day trading. The stock had previously closed at A$8.21 ($5.82).
The company has a 50-day moving average of A$7.97 and a 200-day moving average of A$8.33. The firm has a market capitalization of $1.90 billion and a price-to-earnings ratio of 55.63.
About Netwealth Group (ASX:NWL)
Netwealth Group Limited, a financial services technology company, engages in the wealth management business in Australia. The company offers superannuation products, including accumulation and retirement income products; investment wrap products for self-managed superannuation and non-superannuation investments; managed accounts; and managed funds.
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