Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s stock price was down 13% during trading on Wednesday . The company traded as low as GBX 358 ($4.89) and last traded at GBX 358 ($4.89). Approximately 2,599,837 shares were traded during mid-day trading, an increase of 520% from the average daily volume of 419,484 shares. The stock had previously closed at GBX 411.50 ($5.62).
Analyst Ratings Changes
Separately, Berenberg Bank decreased their price objective on shares of Liontrust Asset Management from GBX 450 ($6.15) to GBX 330 ($4.51) and set a "hold" rating for the company in a report on Tuesday, April 15th.
Check Out Our Latest Stock Report on LIO
Liontrust Asset Management Stock Down 13.0%
The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35. The firm has a market capitalization of £226.07 million, a P/E ratio of 3.28, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The business has a 50 day moving average price of GBX 366.41 and a 200 day moving average price of GBX 402.11.
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 return on equity of 39.68% and a net margin of 35.21%. On average, analysts predict that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current year.
Insider Buying and Selling at Liontrust Asset Management
In other news, insider John Stephen Ions sold 26,100 shares of the stock in a transaction that occurred on Tuesday, April 8th. The stock was 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 acquired 1,614 shares of the firm's stock in a transaction on Friday, May 2nd. The shares were bought at an average cost of GBX 336 ($4.59) per share, for a total transaction of £5,423.04 ($7,409.54). Insiders own 11.90% of the company's stock.
About Liontrust Asset Management
(
Get Free Report)
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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