Premier Miton Group (LON:PMI) Shares Up 2.4% – Here’s Why

Posted by Elija Maina on Jan 11th, 2025

Premier Miton Group plc (LON:PMI – Get Free Report)’s stock price traded up 2.4% on Friday . The company traded as high as GBX 61 ($0.74) and last traded at GBX 60.80 ($0.74). 2,581,378 shares traded hands during trading, an increase of 204% from the average session volume of 848,629 shares. The stock had previously closed at GBX 59.40 ($0.73).

Premier Miton Group Stock Performance

The company’s fifty day simple moving average is GBX 59.43 and its 200 day simple moving average is GBX 64.87. The stock has a market capitalization of £94.03 million, a P/E ratio of 6,080.00 and a beta of 1.22. The company has a current ratio of 1.24, a quick ratio of 1.21 and a debt-to-equity ratio of 1.93.

Premier Miton Group Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 16th will be paid a dividend of GBX 3 ($0.04) per share. This represents a yield of 5.45%. The ex-dividend date is Thursday, January 16th. Premier Miton Group’s dividend payout ratio (DPR) is currently 60,000.00%.

Insiders Place Their Bets

In other Premier Miton Group news, insider Piers Godfrey Harrison sold 41,580 shares of the firm’s stock in a transaction on Thursday, December 19th. The shares were sold at an average price of GBX 5,935 ($72.47), for a total value of £2,467,773 ($3,013,153.85). 17.55% of the stock is owned by insiders.

Premier Miton Group Company Profile

(Get Free Report)

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.