Tatton Asset Management (LON:TAM) Trading 1.5% Higher – Here’s Why

Tatton Asset Management plc (LON:TAM) rose 1.5% on Tuesday . The company traded as high as GBX 632 ($8.18) and last traded at GBX 627.50 ($8.12). Approximately 46,795 shares changed hands during trading, a decline of 15% from the average daily volume of 55,307 shares. The stock had previously closed at GBX 618 ($8.00).

Tatton Asset Management Stock Performance

The company has a 50 day simple moving average of GBX 651.40 and a 200-day simple moving average of GBX 678.50. The company has a debt-to-equity ratio of 1.52, a current ratio of 3.71 and a quick ratio of 3.50. The stock has a market cap of £379.24 million, a P/E ratio of 28.29, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03.

Insider Activity

In other news, insider Paul Edwards sold 5,000 shares of Tatton Asset Management stock in a transaction dated Friday, January 17th. The stock was sold at an average price of GBX 680 ($8.80), for a total value of £34,000 ($44,018.64). 28.70% of the stock is owned by corporate insiders.

About Tatton Asset Management

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients.