Tatton Asset Management (LON:TAM) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Tatton Asset Management plc (LON:TAM)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 695.30 ($8.84) and traded as high as GBX 698 ($8.87). Tatton Asset Management shares last traded at GBX 698 ($8.87), with a volume of 10,130 shares.

Tatton Asset Management Stock Down 3.7 %

The stock’s fifty day moving average price is GBX 695.30 and its 200 day moving average price is GBX 680.15. The stock has a market cap of £402.19 million, a P/E ratio of 3,323.81, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03. The company has a current ratio of 3.70, a quick ratio of 3.50 and a debt-to-equity ratio of 2.83.

Tatton Asset Management Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were issued a GBX 9.50 ($0.12) dividend. This is a positive change from Tatton Asset Management’s previous dividend of $8.00. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 1.34%. Tatton Asset Management’s dividend payout ratio is presently 7,619.05%.

About Tatton Asset Management

Tatton Asset Management plc provides fund management, compliance consultancy, and technical support services to independent financial advisers in the United Kingdom. The company operates through two segments, Tatton and Paradigm. It also offers investment management, mortgage adviser support, and mortgage and insurance product distribution services.