Tatton Asset Management (LON:TAM) Shares Down 0.6% – Here’s What Happened

Posted by Amber O'Connor on Jan 9th, 2025

Tatton Asset Management plc (LON:TAM – Get Free Report) fell 0.6% during trading on Wednesday . The company traded as low as GBX 680 ($8.41) and last traded at GBX 684 ($8.45). 8,480 shares traded hands during trading, a decline of 60% from the average session volume of 21,045 shares. The stock had previously closed at GBX 688 ($8.50).

Tatton Asset Management Stock Performance

The firm’s fifty day moving average price is GBX 694.52 and its two-hundred day moving average price is GBX 688.18. The stock has a market capitalization of £409.37 million, a PE ratio of 3,257.14, 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 company also recently announced a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were paid a dividend of GBX 9.50 ($0.12) per share. This is a positive change from Tatton Asset Management’s previous dividend of $8.00. This represents a dividend yield of 1.34%. The ex-dividend date of this dividend was Thursday, November 21st. Tatton Asset Management’s dividend payout ratio is presently 7,619.05%.

Tatton Asset Management Company Profile

(Get Free Report)

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.