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

Liontrust Asset Management PLC (LON:LIO - Get Free Report) traded down 13% during trading on Wednesday . The company traded as low as GBX 358 ($4.91) and last traded at GBX 358 ($4.91). 2,599,837 shares traded 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 ($5.65).

Wall Street Analyst Weigh In

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

Liontrust Asset Management Price Performance

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 stock has a market capitalization of £250.79 million, a price-to-earnings ratio of 3.64, a PEG ratio of -1.70 and a beta of 1.33. The stock's 50 day simple moving average is GBX 368.11 and its 200-day simple moving average is GBX 401.04.

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 (EPS) for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. On average, analysts expect that Liontrust Asset Management PLC will post 69.828816 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Vinay Kumar Abrol bought 1,614 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The shares were purchased at an average price of GBX 336 ($4.61) per share, for a total transaction of £5,423.04 ($7,442.07). Also, insider John Stephen Ions sold 26,100 shares of the business's stock in a transaction on 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.