Quilter (OTCMKTS:QUILF) Stock Price Up 8.6% – Here’s Why

Quilter plc (OTCMKTS:QUILF)’s stock price traded up 8.6% during trading on Friday . The stock traded as high as $2.58 and last traded at $2.58. 100 shares were traded during mid-day trading, a decline of 89% from the average session volume of 880 shares. The stock had previously closed at $2.3750.

Analyst Ratings Changes

Several brokerages recently issued reports on QUILF. Royal Bank Of Canada reissued an “outperform” rating on shares of Quilter in a report on Thursday, May 28th. Citigroup reaffirmed a “neutral” rating on shares of Quilter in a research report on Thursday, April 16th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Quilter currently has an average rating of “Hold”.

Quilter Stock Performance

The stock’s 50-day moving average is $2.75 and its 200 day moving average is $2.75.

Quilter Company Profile

Quilter (OTCMKTS:QUILF) is a UK-based wealth management company that provides a comprehensive suite of financial planning and investment solutions to private clients, financial advisers and intermediaries. The company’s core activities include discretionary fund management, retirement planning, estate and tax planning, and advisory services. Quilter operates a multi–asset investment platform that enables clients to access a broad range of funds, model portfolios and bespoke investment strategies designed to meet diverse risk profiles and financial objectives.

Established as part of the Old Mutual Group, Quilter was demerged and listed on the London Stock Exchange in June 2018, marking its emergence as an independent, publicly traded entity.