Liontrust Asset Management (LON:LIO) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why
by Amy Steele · The Cerbat GemLiontrust Asset Management PLC (LON:LIO – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 272.93 and traded as low as GBX 242.50. Liontrust Asset Management shares last traded at GBX 251, with a volume of 1,166,834 shares trading hands.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on LIO shares. Royal Bank Of Canada upped their price objective on shares of Liontrust Asset Management from GBX 220 to GBX 240 and gave the stock an “underperform” rating in a research report on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft cut their price objective on Liontrust Asset Management from GBX 200 to GBX 165 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 332.
View Our Latest Research Report on LIO
Liontrust Asset Management Price Performance
The business has a 50-day moving average price of GBX 247.98 and a two-hundred day moving average price of GBX 272.57. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.76. The company has a market capitalization of £153.63 million, a price-to-earnings ratio of 12.54, a price-to-earnings-growth ratio of -1.70 and a beta of 1.50.
Insider Transactions at Liontrust Asset Management
In other Liontrust Asset Management news, insider Vinay Kumar Abrol bought 774 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were bought at an average price of GBX 241 per share, for a total transaction of £1,865.34. Also, insider John Stephen Ions purchased 774 shares of the business’s stock in a transaction on Wednesday, January 7th. The shares were bought at an average price of GBX 241 per share, with a total value of £1,865.34. Corporate insiders own 9.27% 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.