Liontrust Asset Management (LON:LIO) Shares Cross Below 200 Day Moving Average – Should You Sell?

Liontrust Asset Management PLC (LON:LIO)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 376.83 ($5.08) and traded as low as GBX 359 ($4.84). Liontrust Asset Management shares last traded at GBX 360.50 ($4.86), with a volume of 359,013 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on LIO. Deutsche Bank Aktiengesellschaft dropped their target price on Liontrust Asset Management from GBX 350 to GBX 300 and set a “hold” rating for the company in a research report on Friday, August 1st. Berenberg Bank restated a “hold” rating and issued a GBX 365 target price on shares of Liontrust Asset Management in a research report on Thursday, July 10th. Finally, Royal Bank Of Canada restated an “underperform” rating and issued a GBX 310 target price on shares of Liontrust Asset Management in a research report on Monday, July 14th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Liontrust Asset Management presently has an average rating of “Reduce” and a consensus price target of GBX 325.

Liontrust Asset Management Stock Down 1.5%

The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 1.48. The stock has a 50 day simple moving average of GBX 370.49 and a 200 day simple moving average of GBX 376.83. The firm has a market capitalization of £224.17 million, a PE ratio of 3.25, a PEG ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management (LON:LIO) last announced its quarterly earnings results on Wednesday, June 25th. The company reported GBX 55.56 EPS for the quarter. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%. As a group, sell-side analysts forecast that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current year.

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.