Quilter (OTCMKTS:QUILF) Shares Down 4.9% – What’s Next?

Shares of Quilter plc (OTCMKTS:QUILF) were down 4.9% on Monday. The company traded as low as $2.4250 and last traded at $2.4250. 500 shares were traded during trading, a decline of 25% from the average daily volume of 667 shares. The stock had previously closed at $2.55.

Analyst Upgrades and Downgrades

QUILF has been the topic of several research reports. Citigroup reaffirmed a “neutral” rating on shares of Quilter in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Quilter in a research report on Friday, July 3rd. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Quilter presently has a consensus rating of “Hold”.

Quilter Trading Down 4.9%

The company has a 50-day moving average price of $2.67 and a 200-day moving average price of $2.70.

Quilter Company Profile

Quilter plc is a United Kingdom-based wealth management company that provides investment, financial planning and advice services to individuals, families and institutions. Its business is focused primarily on helping clients build, manage and preserve wealth through a combination of professional advice, investment solutions and digital administration platforms.

The company operates through businesses that include Quilter Financial Planning, which supports a network of financial advisers; Quilter Cheviot, which provides discretionary investment management; and Quilter Investors, which develops and manages investment strategies and funds.