Ninety One Group (LON:N91) Stock Price Down 0.2%

Shares of Ninety One Group (LON:N91) were down 0.2% during mid-day trading on Tuesday . The company traded as low as GBX 165.30 ($2.04) and last traded at GBX 166.80 ($2.06). Approximately 1,167,754 shares changed hands during mid-day trading, an increase of 199% from the average daily volume of 390,874 shares. The stock had previously closed at GBX 167.20 ($2.07).

Ninety One Group Price Performance

The firm has a market capitalization of £1.04 billion, a P/E ratio of 926.67, a price-to-earnings-growth ratio of 15.99 and a beta of 0.67. The business has a fifty day moving average of GBX 169.20 and a 200-day moving average of GBX 172.08. The company has a debt-to-equity ratio of 29.46, a quick ratio of 0.07 and a current ratio of 1.03.

Insiders Place Their Bets

In other news, insider Kim Mary McFarland bought 45,512 shares of the business’s stock in a transaction on Friday, March 8th. The stock was purchased at an average cost of GBX 165 ($2.04) per share, for a total transaction of £75,094.80 ($92,755.43). In related news, insider Hendrik du Toit acquired 172,957 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was bought at an average price of GBX 163 ($2.01) per share, for a total transaction of £281,919.91 ($348,221.23). Also, insider Kim Mary McFarland acquired 45,512 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were bought at an average price of GBX 165 ($2.04) per share, with a total value of £75,094.80 ($92,755.43). Insiders bought 218,469 shares of company stock worth $35,701,471 over the last ninety days. Company insiders own 55.03% of the company’s stock.

About Ninety One Group

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.