Liontrust Asset Management (LON:LIO) Stock Crosses Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Liontrust Asset Management shares have fallen below their 200-day moving average, indicating potential concerns about stock performance.
• Equity analysts currently maintain a mixed outlook on Liontrust, with an average rating of "Reduce" and price targets ranging from GBX 290 to GBX 365.
• The company's recent quarterly earnings reported an earnings per share (EPS) of GBX 55.56 and a strong net margin of 35.21%.

Liontrust Asset Management PLC (LON:LIO - Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 360.82 ($4.82) and traded as low as GBX 322.50 ($4.30). Liontrust Asset Management shares last traded at GBX 325.50 ($4.34), with a volume of 192,348 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Royal Bank Of Canada reiterated an "underperform" rating and issued a GBX 310 price target on shares of Liontrust Asset Management in a research note on Monday, July 14th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Liontrust Asset Management from GBX 300 to GBX 290 and set a "hold" rating on the stock in a research note on Monday, September 1st. Finally, Berenberg Bank reaffirmed a "hold" rating and set a GBX 365 target price on shares of Liontrust Asset Management in a research note on Thursday, July 10th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Reduce" and an average target price of GBX 321.67.

Liontrust Asset Management Trading Up 0.4%

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 company has a market cap of £205.12 million, a P/E ratio of 1,247.79, a PEG ratio of -1.70 and a beta of 1.33. The firm's 50 day moving average is GBX 344.53 and its two-hundred day moving average is GBX 360.82.

Liontrust Asset Management (LON:LIO - Get Free Report) last issued its quarterly earnings data on Wednesday, June 25th. The company reported GBX 55.56 earnings per share for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. As a group, equities research analysts anticipate that Liontrust Asset Management PLC will post 69.828816 EPS for the current year.

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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