Liontrust Asset Management (LON:LIO) Share Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Liontrust Asset Management shares fell below their two hundred day moving average, trading as low as GBX 359 ($4.84), while the current share price is GBX 360.50 ($4.86).
• Analysts have given the stock a consensus rating of "Reduce." Target prices from various firms range from GBX 300 to GBX 365.
• The company's recent financials show a PE ratio of 3.25 and a net margin of 35.21%, with earnings per share forecasted at about 69.83 for the current year.

Liontrust Asset Management PLC (LON:LIO - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 376.83 ($5.09) and traded as low as GBX 359 ($4.85). Liontrust Asset Management shares last traded at GBX 360.50 ($4.87), with a volume of 359,013 shares traded.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Deutsche Bank Aktiengesellschaft dropped their price target on Liontrust Asset Management from GBX 350 to GBX 300 and set a "hold" rating on the stock in a research report on Friday, August 1st. Royal Bank Of Canada restated an "underperform" rating and set a GBX 310 price objective on shares of Liontrust Asset Management in a research report on Monday, July 14th. Finally, Berenberg Bank restated a "hold" rating and set a GBX 365 price objective on shares of Liontrust Asset Management in a research report on Thursday, July 10th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Liontrust Asset Management presently has an average rating of "Reduce" and a consensus target price of GBX 325.

Liontrust Asset Management Trading Down 1.8%

The company has a 50 day moving average of GBX 369.05 and a 200 day moving average of GBX 375.25. 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 firm has a market cap of £216.47 million, a price-to-earnings ratio of 1,316.79, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management (LON:LIO - Get Free Report) 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, research analysts anticipate that Liontrust Asset Management PLC will post 69.828816 EPS 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.