Liontrust Asset Management (LON:LIO) Trading Down 13% - What's Next?

Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s stock price was down 13% during mid-day trading on Thursday . The stock traded as low as GBX 358 ($4.91) and last traded at GBX 358 ($4.91). Approximately 2,599,837 shares traded hands during trading, an increase of 520% from the average daily volume of 419,484 shares. The stock had previously closed at GBX 411.50 ($5.65).

Analysts Set New Price Targets

Separately, Berenberg Bank reduced their price objective on Liontrust Asset Management from GBX 450 ($6.17) to GBX 330 ($4.53) and set a "hold" rating on the stock in a report on Tuesday, April 15th.

Liontrust Asset Management Price Performance

The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42. The firm has a market capitalization of £251.64 million, a P/E ratio of 3.65, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The company has a 50-day moving average price of GBX 369.49 and a 200-day moving average price of GBX 399.22.

Liontrust Asset Management (LON:LIO - Get Free Report) last released its quarterly earnings data on Wednesday, June 25th. The company reported GBX 55.56 ($0.76) EPS for the quarter. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%. On average, sell-side analysts predict that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current year.

Insider Activity at Liontrust Asset Management

In related news, insider Vinay Kumar Abrol acquired 1,614 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average price of GBX 336 ($4.61) per share, for a total transaction of £5,423.04 ($7,440.03). Also, insider John Stephen Ions sold 26,100 shares of the company's stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of GBX 324 ($4.45), for a total value of £84,564 ($116,015.91). 11.90% of the stock is currently owned by corporate 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.