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

Liontrust Asset Management PLC (LON:LIO - Get Free Report) traded down 13% during trading on Wednesday . The stock traded as low as GBX 358 ($4.89) and last traded at GBX 358 ($4.89). 2,599,837 shares changed hands during mid-day trading, an increase of 520% from the average session volume of 419,484 shares. The stock had previously closed at GBX 411.50 ($5.62).

Analysts Set New Price Targets

Separately, Berenberg Bank dropped their target price on Liontrust Asset Management from GBX 450 ($6.15) to GBX 330 ($4.51) and set a "hold" rating for the company in a research report on Tuesday, April 15th.

Liontrust Asset Management Stock Down 13.0%

The firm's 50-day simple moving average is GBX 367.10 and its 200 day simple moving average is GBX 401.81. 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 market cap of £226.07 million, a P/E ratio of 3.28, a PEG ratio of -1.70 and a beta of 1.33.

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, research analysts forecast that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

Insider Activity

In other news, insider John Stephen Ions sold 26,100 shares of the business's stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of GBX 324 ($4.43), for a total value of £84,564 ($115,540.37). Also, insider Vinay Kumar Abrol bought 1,614 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average cost of GBX 336 ($4.59) per share, with a total value of £5,423.04 ($7,409.54). 11.90% of the stock is currently owned by company insiders.

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.

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