Liontrust Asset Management (LON:LIO) Share Price Passes 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 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 Analyst Weigh In

Several equities analysts have recently weighed in on the company. Royal Bank Of Canada cut their target price on Liontrust Asset Management from GBX 270 to GBX 260 and set an “underperform” rating on the stock in a research report on Monday, November 24th. Berenberg Bank dropped their price objective on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a research note on Thursday, November 20th. Deutsche Bank Aktiengesellschaft cut 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. Panmure Gordon restated a “buy” rating and issued a GBX 500 target price on shares of Liontrust Asset Management in a report on Thursday, November 20th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 435 price target on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 359.

Liontrust Asset Management Stock Up 0.2%

The company has a market cap of £167.41 million, a PE ratio of 13.36, a P/E/G ratio of -1.70 and a beta of 1.33. The company’s 50 day moving average is GBX 282.09 and its 200 day moving average is GBX 328.52. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 1.48.

Liontrust Asset Management (LON:LIO) last released its quarterly earnings data 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, analysts predict that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Luke Savage purchased 5,000 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was purchased at an average price of GBX 281 per share, for a total transaction of £14,050. 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.