Liontrust Asset Management (LON:LIO) Trading Down 13% - Here's Why

Liontrust Asset Management PLC (LON:LIO - Get Free Report) fell 13% during trading on Wednesday . The stock traded as low as GBX 358 ($4.91) and last traded at GBX 358 ($4.91). 2,599,837 shares were traded during mid-day trading, an increase of 520% from the average session volume of 419,484 shares. The stock had previously closed at GBX 411.50 ($5.65).

Analyst Ratings Changes

Separately, Berenberg Bank dropped their price objective on shares of Liontrust Asset Management from GBX 450 ($6.18) to GBX 330 ($4.53) and set a "hold" rating on the stock in a research note on Tuesday, April 15th.

Liontrust Asset Management Trading Up 4.9%

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 business's 50 day moving average is GBX 369.49 and its 200-day moving average is GBX 400.42. The firm has a market cap of £251.64 million, a P/E ratio of 3.65, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management (LON:LIO - Get Free Report) last issued its quarterly 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%. As a group, analysts forecast that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

Insider Activity at Liontrust Asset Management

In related news, insider Vinay Kumar Abrol acquired 1,614 shares of Liontrust Asset Management stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average price of GBX 336 ($4.61) per share, with a total value of £5,423.04 ($7,442.07). Also, insider John Stephen Ions sold 26,100 shares of the company's stock in a transaction dated Tuesday, April 8th. The stock was sold at an average price of GBX 324 ($4.45), for a total transaction of £84,564 ($116,047.76). Insiders own 11.90% of the company's stock.

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.