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

Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s stock price traded down 13% on Thursday . The stock traded as low as GBX 358 ($4.89) and last traded at GBX 358 ($4.89). 2,599,837 shares were traded during 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 reduced their price objective 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 note on Tuesday, April 15th.

Liontrust Asset Management Stock Performance

The firm's fifty day moving average is GBX 367.10 and its 200 day moving average is GBX 401.81. The firm has a market capitalization of £227.96 million, a price-to-earnings ratio of 3.31, a PEG ratio of -1.70 and a beta of 1.33. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35.

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 (EPS) for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. On average, analysts predict that Liontrust Asset Management PLC will post 69.828816 EPS for the current fiscal year.

Insider Buying and Selling

In other Liontrust Asset Management news, insider John Stephen Ions sold 26,100 shares of the business's stock in a transaction that occurred 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 purchased 1,614 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were acquired at an average price of GBX 336 ($4.59) per share, for a total transaction of £5,423.04 ($7,409.54). 11.90% of the stock is owned by corporate 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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