Liontrust Asset Management (LON:LIO) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Liontrust Asset Management PLC (LON:LIO)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 328.95 and traded as low as GBX 265.50. Liontrust Asset Management shares last traded at GBX 267, with a volume of 104,967 shares trading hands.

Wall Street Analysts Forecast Growth

LIO has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Liontrust Asset Management from GBX 290 to GBX 280 and set a “hold” rating on the stock in a research report on Thursday, October 2nd. Royal Bank Of Canada lowered their target price on shares of Liontrust Asset Management from GBX 270 to GBX 260 and set an “underperform” rating on the stock in a report on Monday, November 24th. Berenberg Bank dropped their price target on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating on the stock in a research note on Thursday, November 20th. Panmure Gordon restated a “buy” rating and issued a GBX 500 price objective on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 435 price objective on shares of Liontrust Asset Management in a report on Thursday, November 20th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of GBX 359.

Liontrust Asset Management Price Performance

The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42. The stock’s fifty day moving average price is GBX 283.06 and its 200-day moving average price is GBX 328.95. The firm has a market cap of £166.90 million, a PE ratio of 13.32, a P/E/G ratio of -1.70 and a beta of 1.33.

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

Insiders Place Their Bets

In other news, insider Luke Savage purchased 5,000 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was acquired at an average price of GBX 281 per share, for a total transaction of £14,050. Company insiders own 9.05% of the company’s stock.

About Liontrust Asset Management

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.