Liontrust Asset Management (LON:LIO) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Liontrust Asset Management PLC (LON:LIO)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 293.16 and traded as low as GBX 245.50. Liontrust Asset Management shares last traded at GBX 247.75, with a volume of 1,105,753 shares changing hands.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Berenberg Bank reduced their price objective on Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a research report on Thursday, November 20th. Royal Bank Of Canada cut their price target on Liontrust Asset Management from GBX 260 to GBX 220 and set an “underperform” rating for the company in a research note on Thursday, January 15th. Peel Hunt reissued a “buy” rating and issued a GBX 435 price target on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Deutsche Bank Aktiengesellschaft dropped their price objective on Liontrust Asset Management from GBX 180 to GBX 175 and set a “sell” rating on the stock in a report on Monday, February 2nd. Finally, Panmure Gordon reiterated a “buy” rating and issued a GBX 500 target price on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Liontrust Asset Management presently has a consensus rating of “Hold” and an average target price of GBX 330.

Liontrust Asset Management Price Performance

The company has a market capitalization of £152.25 million, a P/E ratio of 12.37, a PEG ratio of -1.70 and a beta of 1.33. The stock’s fifty day simple moving average is GBX 251.58 and its 200-day simple moving average is GBX 293.16. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35.

Liontrust Asset Management (LON:LIO) last announced its quarterly earnings results on Thursday, November 20th. The company reported GBX 18.68 EPS for the quarter. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%. On average, equities analysts forecast that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

Insider Activity

In other Liontrust Asset Management news, insider Luke Savage acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were acquired at an average price of GBX 281 per share, with a total value of £14,050. Also, insider John Stephen Ions bought 774 shares of Liontrust Asset Management stock in a transaction on Wednesday, January 7th. The shares were acquired at an average price of GBX 241 per share, for a total transaction of £1,865.34. Insiders bought 6,548 shares of company stock valued at $1,778,068 in the last quarter. Company insiders own 9.22% of the company’s stock.

Liontrust Asset Management Company Profile

Liontrust Asset Management Plc is a publicly owned investment manager. The firm also launches equity, fixed income, , multi-asset and managed funds for its clients. It invests into the public equity and multi-asset markets across the globe. The firm was formerly known as River and Mercantile Investment Management Limited. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.