Ninety One Group (LON:N91) Trading Down 0.3% – Time to Sell?

Ninety One Group (LON:N91)’s share price was down 0.3% during mid-day trading on Tuesday . The stock traded as low as GBX 219.40 and last traded at GBX 220.40. Approximately 2,018,264 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 2,410,328 shares. The stock had previously closed at GBX 221.

Ninety One Group Stock Performance

The company has a quick ratio of 0.07, a current ratio of 1,371.96 and a debt-to-equity ratio of 39.25. The stock has a market cap of £1.99 billion, a price-to-earnings ratio of 12.04, a price-to-earnings-growth ratio of 15.99 and a beta of 0.76. The company’s 50-day simple moving average is GBX 221.75 and its 200-day simple moving average is GBX 225.82.

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. It seeks to invest in South African companies struggling with the economic fallout from the spread of coronavirus. Ninety One Group was founded in 1991 and is headquartered in Cape Town, South Africa with additional offices in Africa.