Premier Miton Group (LON:PMI) Trading 0.5% Higher – Should You Buy?

Premier Miton Group plc (LON:PMI) traded up 0.5% on Friday . The company traded as high as GBX 37.50 and last traded at GBX 37.20. 173,979 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 787,269 shares. The stock had previously closed at GBX 37.

Wall Street Analyst Weigh In

Separately, Shore Capital Group lowered Premier Miton Group to a “buy” rating and set a GBX 58 price objective for the company. in a research note on Thursday, April 16th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Premier Miton Group currently has a consensus rating of “Buy” and an average price target of GBX 58.

Premier Miton Group Stock Performance

The stock has a market cap of £58.62 million, a P/E ratio of 48.95 and a beta of 0.50. The company has a quick ratio of 1.21, a current ratio of 1.27 and a debt-to-equity ratio of 1.65. The business has a 50 day moving average price of GBX 41.59 and a two-hundred day moving average price of GBX 48.39.

Insider Buying and Selling

In other news, insider Piers Godfrey Harrison purchased 4,463 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The stock was bought at an average cost of GBX 40 per share, with a total value of £1,785.20. Also, insider Michael Patrick O’Shea purchased 4,463 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were purchased at an average cost of GBX 40 per share, with a total value of £1,785.20. 10.79% of the stock is currently owned by corporate insiders.

About Premier Miton Group

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.