Is Platinum Asset Management stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Platinum Asset Management pays dividends. Last time was Friday 20th of September 2024 where the investors holding the stock on Thursday 5th of September 2024 were paid $0.04 per share. Over the last 34 times between 2008 and 2024, Platinum Asset Management has paid $4.08 with an average of $0.12 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Platinum Asset Management 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $3.85, you would have made a loss of $-2.92 per share or -75.71%
Yes, the average daily trading liquidity for Platinum Asset Management is $1.93 million. You should therefore be able to get in and out of your positions relatively fast.
Platinum Asset Management has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 6.30, the company's ability to pay off the debt is good. Platinum Asset Management has a very good net profit margin of 38.19% and should have very high tolerances against inflation.
We have calculated the inflation risk for Platinum Asset Management to be low [0 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.