Insights: Netwealth Group Ltd (ASX:NWL)

Price Chart

Market Statistics

Open$22.460

Previous Close$22.460

Day High$22.500

Day Low$21.520

52 Week High$38.300

52 Week Low$19.805

Valuation

Market Cap5.51B

Shares Outstanding245.40M

P/E Ratio (Annual)46.63

P/E Ratio (TTM)95.81

Dividend Yield1.90%

Price to Book36.32

Trading Activity

Volume0.00

Value Traded0.00

Bid$23.810 × 2

Ask$21.110 × 26

Performance

1 Day-3.02%

5 Day-2.55%

13 Week-8.89%

52 Week-23.71%

YTD-13.75%

Technical Indicators

RSI (14)43.72

50-Day SMA$22.982

200-Day SMA$27.732

What to look out for as the $800bn investment platform sector feeds on itself

The head of investment platform Praemium (ASX: PPS) Michael Ohanessian sounds like he’s channelling the coronavirus when he says that “like any living organism, any organisation wants to survive.” But in this case, he’s referring to the need for the $800 billion a year adviser platform sector to grow and diversify at a time when […]

5 min read

Tim Boreham

NETWEALTH GROUP ORD

What to look out for as the $800bn investment platform sector feeds on itself