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

Shares of Liontrust Asset Management PLC (LON:LIO - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 407.79 ($5.54) and traded as low as GBX 373.50 ($5.07). Liontrust Asset Management shares last traded at GBX 391.50 ($5.32), with a volume of 286,468 shares changing hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their target price on Liontrust Asset Management from GBX 450 ($6.11) to GBX 330 ($4.48) and set a "hold" rating for the company in a report on Tuesday, April 15th.

Liontrust Asset Management Trading Up 0.5%

The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48. The firm has a 50 day moving average of GBX 353.25 and a 200 day moving average of GBX 407.79. The firm has a market cap of £248.48 million, a PE ratio of 3.61, a P/E/G ratio of -1.70 and a beta of 1.33.

Insider Activity at Liontrust Asset Management

In other Liontrust Asset Management news, insider John Stephen Ions sold 26,100 shares of the stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of GBX 324 ($4.40), for a total transaction of £84,564 ($114,834.33). Also, insider Vinay Kumar Abrol bought 1,614 shares of the company's stock in a transaction on Friday, May 2nd. The shares were bought at an average price of GBX 336 ($4.56) per share, for a total transaction of £5,423.04 ($7,364.26). 11.90% of the stock is owned by company insiders.

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.