Quilter (OTCMKTS:QUILF) Shares Down 4.9% – Here’s Why

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

Analyst Upgrades and Downgrades

QUILF has been the subject of a number of recent research reports. Citigroup reissued a “neutral” rating on shares of Quilter in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Quilter in a research report on Friday, July 3rd. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Quilter currently has an average rating of “Hold”.

Quilter Price Performance

The company has a 50 day moving average of $2.66 and a two-hundred day moving average of $2.69.

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.