Liontrust Asset Management (LON:LIO) Trading Down 13% - Should You Sell?

Shares of Liontrust Asset Management PLC (LON:LIO - Get Free Report) traded down 13% on Wednesday . The stock traded as low as GBX 358 ($4.89) and last traded at GBX 358 ($4.89). 2,599,837 shares changed hands 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 ($5.62).

Analyst Ratings Changes

Separately, Berenberg Bank lowered their target price on shares of Liontrust Asset Management from GBX 450 ($6.15) to GBX 330 ($4.51) and set a "hold" rating on the stock in a research note on Tuesday, April 15th.

Liontrust Asset Management Price Performance

The business's fifty day moving average price is GBX 367.10 and its 200-day moving average price is GBX 401.81. The company has a market capitalization of £226.07 million, a P/E ratio of 3.28, a P/E/G ratio of -1.70 and a beta of 1.33. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 1.48.

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 return on equity of 39.68% and a net margin of 35.21%. As a group, sell-side analysts predict that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

Insider Activity at Liontrust Asset Management

In other Liontrust Asset Management news, insider Vinay Kumar Abrol bought 1,614 shares of Liontrust Asset Management stock in a transaction that occurred on Friday, May 2nd. The shares were bought at an average price of GBX 336 ($4.59) per share, with a total value of £5,423.04 ($7,409.54). Also, insider John Stephen Ions sold 26,100 shares of Liontrust Asset Management stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of GBX 324 ($4.43), for a total transaction of £84,564 ($115,540.37). 11.90% of the stock is currently owned by insiders.

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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