Insights: Netwealth Group Ltd (ASX:NWL)

Price Chart

Market Statistics

Open$22.530

Previous Close$21.980

Day High$22.770

Day Low$22.070

52 Week High$38.300

52 Week Low$19.805

Valuation

Market Cap5.45B

Shares Outstanding245.40M

P/E Ratio (Annual)47.16

P/E Ratio (TTM)96.89

Dividend Yield1.88%

Price to Book36.73

Trading Activity

Volume435.03K

Value Traded9.67M

Bid$21.610 × 30

Ask$22.500 × 1,376

Performance

1 Day0.63%

5 Day-0.84%

13 Week4.77%

52 Week-25.93%

YTD-12.78%

Technical Indicators

RSI (14)42.87

50-Day SMA$22.786

200-Day SMA$27.430

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