Liontrust Asset Management PLC (LON:LIO - Get Free Report) shares traded down 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 lowered their price target on shares of Liontrust Asset Management from GBX 450 ($6.18) to GBX 330 ($4.53) and set a "hold" rating for the company in a report on Tuesday, April 15th.
Check Out Our Latest Stock Analysis on LIO
Liontrust Asset Management Stock Up 4.9%
The firm's 50 day moving average price is GBX 369.49 and its two-hundred day moving average price is GBX 400.42. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 1.48. The company has a market capitalization of £251.64 million, a P/E ratio of 3.65, a PEG ratio of -1.70 and a beta of 1.33.
Liontrust Asset Management (LON:LIO - Get Free Report) last released its quarterly earnings results on Wednesday, June 25th. The company reported GBX 55.56 ($0.76) earnings per share for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. Equities research analysts forecast that Liontrust Asset Management PLC will post 69.828816 EPS for the current year.
Insider Buying and Selling
In related news, insider John Stephen Ions sold 26,100 shares of the business's stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of GBX 324 ($4.45), for a total value of £84,564 ($116,047.76). Also, insider Vinay Kumar Abrol acquired 1,614 shares of the stock in a transaction dated Friday, May 2nd. The shares were bought at an average price of GBX 336 ($4.61) per share, with a total value of £5,423.04 ($7,442.07). 11.90% of the stock is currently owned by company insiders.
Liontrust Asset Management Company Profile
(
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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