Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s stock price dropped 13% during mid-day trading on Wednesday . The company traded as low as GBX 358 ($4.91) and last traded at GBX 358 ($4.91). Approximately 2,599,837 shares traded hands during mid-day trading, an increase of 520% from the average daily 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 price target on Liontrust Asset Management from GBX 450 ($6.18) to GBX 330 ($4.53) and set a "hold" rating for the company in a research note on Tuesday, April 15th.
Get Our Latest Stock Analysis on Liontrust Asset Management
Liontrust Asset Management Price Performance
The stock has a market cap of £251.64 million, a PE ratio of 3.65, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. 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 company's fifty day moving average is GBX 369.49 and its 200 day moving average is GBX 400.42.
Liontrust Asset Management (LON:LIO - Get Free Report) last issued its earnings results on Wednesday, June 25th. The company reported GBX 55.56 ($0.76) 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, sell-side analysts anticipate that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.
Insider Buying and Selling at Liontrust Asset Management
In other Liontrust Asset Management news, insider John Stephen Ions sold 26,100 shares of the company's stock in a transaction that occurred on Tuesday, April 8th. The stock was 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 purchased 1,614 shares of the firm's stock in a transaction on Friday, May 2nd. The stock was 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 corporate 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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