Ninety One Group (OTCMKTS:NINTF – Get Free Report)’s stock price traded down 25.7% on Wednesday . The stock traded as low as C$2.60 and last traded at C$2.60. 1,000 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 5,150 shares. The stock had previously closed at C$3.50.
Ninety One Group Stock Performance
The company’s 50-day moving average price is C$2.98 and its 200-day moving average price is C$3.11.
About Ninety One Group
Ninety One Group is a global investment management firm that provides a wide range of asset management solutions for institutional, intermediary and private investors. Tracing its origins to the asset management division of Investec plc, the company established its independence in March 2020 and rebranded to Ninety One, a nod to its founding year of 1991. Headquartered in London and Cape Town, the firm leverages decades of investment experience and research capabilities to serve diverse client needs.
The company’s core offerings span equities, fixed income, multi-asset strategies and real assets, including infrastructure and real estate.
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