Liontrust Asset Management (LON:LIO) Stock Price Passes Below 200-Day Moving Average - What's Next?

Key Points

• Liontrust Asset Management's stock price has dropped below its 200-day moving average of GBX 364.06, trading as low as GBX 293.50.
• Analyst ratings for the stock include an "underperform" rating from Royal Bank of Canada and lower price targets set by Deutsche Bank and Berenberg Bank.
• The company's current market cap stands at £188.55 million with a reported earnings per share (EPS) of GBX 55.56 for the last quarter.

Liontrust Asset Management PLC (LON:LIO - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 364.06 ($4.93) and traded as low as GBX 293.50 ($3.98). Liontrust Asset Management shares last traded at GBX 300.50 ($4.07), with a volume of 439,112 shares changing hands.

Wall Street Analyst Weigh In

A number of brokerages recently commented on LIO. Deutsche Bank Aktiengesellschaft decreased their price target on Liontrust Asset Management from GBX 300 to GBX 290 and set a "hold" rating on the stock in a research report on Monday, September 1st. Royal Bank Of Canada reiterated an "underperform" rating and issued a GBX 310 target price on shares of Liontrust Asset Management in a 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 report on Thursday, July 10th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Reduce" and a consensus price target of GBX 321.67.

Liontrust Asset Management Stock Up 1.2%

The company has a fifty day simple moving average of GBX 348.79 and a 200-day simple moving average of GBX 363.32. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48. The firm has a market cap of £190.74 million, a P/E ratio of 1,160.31, 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 data 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%. On average, equities analysts anticipate that Liontrust Asset Management PLC will post 69.828816 earnings per share 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.