Insights: Netwealth Group Ltd (ASX:NWL)

Price Chart

Market Statistics

Open$21.380

Previous Close$21.220

Day High$22.720

Day Low$21.200

52 Week High$38.300

52 Week Low$19.960

Valuation

Market Cap5.23B

Shares Outstanding245.39M

P/E Ratio (Annual)45.41

P/E Ratio (TTM)93.30

Dividend Yield1.95%

Price to Book35.37

Trading Activity

Volume771.95K

Value Traded16.53M

Bid$23.440 × 10,221

Ask$19.240 × 955

Performance

1 Day0.28%

5 Day-9.14%

13 Week-19.43%

52 Week-19.37%

YTD-16.01%

Technical Indicators

RSI (14)35.31

50-Day SMA$24.305

200-Day SMA$29.794

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