Liontrust Asset Management (LON:LIO) Share Price Passes Below 200 Day Moving Average - Here's What Happened

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.

Shares of Liontrust Asset Management PLC (LON:LIO - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 364.06 ($4.91) and traded as low as GBX 293.50 ($3.95). Liontrust Asset Management shares last traded at GBX 300.50 ($4.05), with a volume of 439,112 shares.

Analyst Ratings Changes

LIO has been the topic of a number of research analyst reports. Berenberg Bank reiterated a "hold" rating and issued a GBX 365 target price on shares of Liontrust Asset Management in a report on Thursday, July 10th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liontrust Asset Management from GBX 300 to GBX 290 and set a "hold" rating for the company in a research note on Monday, September 1st. Finally, Royal Bank Of Canada restated an "underperform" rating and set a GBX 310 target price on shares of Liontrust Asset Management in a report on Monday, July 14th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of GBX 321.67.

Liontrust Asset Management Trading Up 4.4%

The business's 50-day moving average price is GBX 347.65 and its 200 day moving average price is GBX 362.51. The firm has a market capitalization of £199.21 million, a price-to-earnings ratio of 1,211.83, 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 issued its quarterly earnings data on Wednesday, June 25th. The company reported GBX 55.56 EPS for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. On average, equities analysts forecast that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal 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.