Netwealth Group Ltd traded at 23.73 this Monday March 9th, decreasing 1.24 or 4.97 percent since the previous trading session. Looking back, over the last four weeks, Netwealth lost 2.35 percent. Over the last 12 months, its price fell by 14.95 percent. Looking ahead, we forecast Netwealth Group Ltd to be priced at 24.45 by the end of this quarter and at 22.94 in one year, according to Trading Economics global macro models projections and analysts expectations.
Netwealth Group Limited is an Australia-based financial services company. The Company acts as a technology company, a superannuation fund trustee and an administration business. The principal activities of the Company are to provide financial intermediaries and clients with wealth administration and management services, including managed funds, investor directed portfolio services, a superannuation master fund, managed accounts service, self-managed superannuation and non-custodial administration services. The Company operates through the Platform Operations segment. Its digital platform supports how its financial products are delivered to the market. Its financial products include superannuation, including accumulation and retirement income products, investor directed portfolio services for self-managed super and non-super investments, managed accounts, managed funds, self-managed superannuation funds administration, and non-custodial administration and reporting services.