Rathbones Group (LON:RAT) Issues Earnings Results

Rathbones Group (LON:RAT) announced its quarterly earnings results on Wednesday. The company reported GBX 161.60 ($2.04) EPS for the quarter, Digital Look Earnings reports. Rathbones Group had a return on equity of 4.66% and a net margin of 7.25%.

Rathbones Group Price Performance

Shares of RAT stock traded down GBX 54 ($0.68) during trading hours on Friday, hitting GBX 1,608 ($20.27). 250,706 shares of the company’s stock were exchanged, compared to its average volume of 111,876. Rathbones Group has a 52 week low of GBX 1,462 ($18.43) and a 52 week high of GBX 2,005 ($25.27). The stock’s 50-day moving average is GBX 1,686.12 and its 200-day moving average is GBX 1,728.39. The company has a debt-to-equity ratio of 7.87, a current ratio of 1.16 and a quick ratio of 0.14. The stock has a market cap of £1.67 billion, a price-to-earnings ratio of 26.17, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of Rathbones Group in a research note on Tuesday, January 28th.

About Rathbones Group

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients’ wealth. Our tradition of investing and acting for everyone’s tomorrow has been with us from the beginning and continues to lead us forward.

Rathbones has over 3,500 employees in 23 UK locations and Jersey; its headquarters is 8 Finsbury Circus, London, EC2M 7AZ.