Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s stock price fell 13% on Wednesday . The company traded as low as GBX 358 ($4.91) and last traded at GBX 358 ($4.91). 2,599,837 shares were traded during 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 Upgrades and Downgrades
Separately, Berenberg Bank reduced their price objective on shares of Liontrust Asset Management from GBX 450 ($6.17) to GBX 330 ($4.53) and set a "hold" rating for the company in a research note on Tuesday, April 15th.
Read Our Latest Report on Liontrust Asset Management
Liontrust Asset Management Stock Performance
The firm has a market capitalization 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. 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 business's 50 day simple moving average is GBX 369.49 and its two-hundred day simple moving average is GBX 399.22.
Liontrust Asset Management (LON:LIO - Get Free Report) last released its quarterly earnings data 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%. Sell-side analysts anticipate that Liontrust Asset Management PLC will post 69.828816 EPS for the current fiscal year.
Insider Activity
In related news, insider Vinay Kumar Abrol purchased 1,614 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were purchased at an average price of GBX 336 ($4.61) per share, with a total value of £5,423.04 ($7,440.03). Also, insider John Stephen Ions sold 26,100 shares of the firm's stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of GBX 324 ($4.45), for a total transaction of £84,564 ($116,015.91). 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.
Read More
Before you consider Liontrust Asset Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liontrust Asset Management wasn't on the list.
While Liontrust Asset Management currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
