Liontrust Asset Management PLC (LON:LIO - Get Free Report) was down 13% during trading on Wednesday . 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 mid-day 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).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reduced their price target on Liontrust Asset Management from GBX 450 ($6.18) to GBX 330 ($4.53) and set a "hold" rating for the company in a research report on Tuesday, April 15th.
Check Out Our Latest Stock Analysis on LIO
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 company has a fifty day moving average price of GBX 368.11 and a two-hundred day moving average price of GBX 401.04. The company has a market cap of £250.79 million, a P/E ratio of 3.64, a PEG ratio of -1.70 and a beta of 1.33.
Liontrust Asset Management (LON:LIO - Get Free Report) last released its earnings results on Wednesday, June 25th. The company reported GBX 55.56 ($0.76) earnings per share for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. On average, sell-side analysts anticipate that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.
Insider Buying and Selling at Liontrust Asset Management
In related news, insider Vinay Kumar Abrol purchased 1,614 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The shares were acquired at an average price of GBX 336 ($4.61) per share, for a total transaction of £5,423.04 ($7,442.07). Also, insider John Stephen Ions sold 26,100 shares of the stock in a transaction that occurred on Tuesday, April 8th. The stock was sold at an average price of GBX 324 ($4.45), for a total value of £84,564 ($116,047.76). Corporate insiders own 11.90% of the company's stock.
Liontrust Asset Management Company Profile
(
Get Free Report)
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.
Read More
Before you consider Liontrust Asset Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liontrust Asset Management wasn't on the list.
While Liontrust Asset Management currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
