Liontrust Asset Management (LON:LIO) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Liontrust Asset Management PLC (LON:LIO)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 261.94 and traded as high as GBX 306.50. Liontrust Asset Management shares last traded at GBX 300.18, with a volume of 293,688 shares traded.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on LIO shares. Royal Bank Of Canada reduced their target price on Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating on the stock in a research report on Wednesday, April 8th. Berenberg Bank reissued a “hold” rating and issued a GBX 270 price target on shares of Liontrust Asset Management in a report on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Liontrust Asset Management from GBX 170 to GBX 190 and gave the stock a “sell” rating in a research note on Wednesday, June 3rd. Two equities 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 company’s stock. Based on data from MarketBeat.com, Liontrust Asset Management has a consensus rating of “Hold” and an average target price of GBX 326.

Liontrust Asset Management Stock Down 1.1%

The company has a debt-to-equity ratio of 0.76, a current ratio of 1.35 and a quick ratio of 1.35. The business’s fifty day moving average price is GBX 280.25 and its two-hundred day moving average price is GBX 261.94. The stock has a market capitalization of £179.47 million, a PE ratio of 14.99, a price-to-earnings-growth ratio of -1.70 and a beta of 1.45.

Insider Transactions at Liontrust Asset Management

In other news, insider John Stephen Ions purchased 2,043 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were acquired at an average price of GBX 264 per share, for a total transaction of £5,393.52. Also, insider Vinay Kumar Abrol acquired 2,043 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average cost of GBX 264 per share, for a total transaction of £5,393.52. In the last ninety days, insiders have acquired 247,401 shares of company stock valued at $66,043,809. 9.49% of the stock is currently owned by insiders.

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.