Iain Hooley, an insider at Rathbones Group Plc, has purchased eight shares of the company’s stock, marking a notable transaction on January 5, 2024. The shares were acquired at an average price of GBX 1,914 each, resulting in a total investment of £153.12. This follows a previous transaction on November 4, 2023, when Hooley acquired the same number of shares at an average cost of GBX 1,804, amounting to £144.32.
Current Stock Performance and Market Overview
As of midday trading on January 6, 2024, Rathbones Group’s stock price decreased by GBX 4, settling at GBX 1,970. The trading volume reached 70,677 shares, significantly lower than the average volume of 684,357 shares. Rathbones Group boasts a market capitalization of approximately £2.05 billion, with a price-to-earnings ratio of 33.33 and a PEG ratio of -26.52. The company’s beta value stands at 0.65, indicating lower volatility compared to the broader market.
Key financial ratios for Rathbones Group reveal a debt-to-equity ratio of 7.87, a current ratio of 1.16, and a quick ratio of 0.14. The company’s 50-day simple moving average is GBX 1,838.21, while the 200-day simple moving average is GBX 1,840.70. Over the past year, Rathbones Group’s stock has fluctuated between a 52-week low of GBX 1,374 and a 52-week high of GBX 1,990.
Overview of Rathbones Group
Founded in 1742, Rathbones Group stands as one of the leading investment and wealth management firms in the UK. The company offers a range of services tailored for private clients, charities, trustees, and professional partners. With a mission to help clients invest wisely, Rathbones is committed to managing, preserving, and growing wealth across generations.
The firm provides various services, including discretionary investment management, fund management, tax planning, trust and company management, financial advice, and banking services. Rathbones has built a reputation for trust and reliability, serving clients with a focus on long-term financial health and effective wealth management strategies.
For those interested in staying updated on Rathbones Group, the company offers a daily summary of news and analysts’ ratings through MarketBeat’s free email newsletter, ensuring stakeholders are informed about the latest developments.
