Liontrust Asset Management PLC (LON:LIO - Get Free Report) shares were down 13% during trading on Wednesday . The company traded as low as GBX 358 ($4.89) and last traded at GBX 358 ($4.89). Approximately 2,599,837 shares traded hands during trading, an increase of 520% from the average daily volume of 419,484 shares. The stock had previously closed at GBX 411.50 ($5.62).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reduced their target price on Liontrust Asset Management from GBX 450 ($6.15) to GBX 330 ($4.51) 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 Trading Down 13.0%
The business's 50-day moving average price is GBX 366.41 and its 200-day moving average price is GBX 402.11. The firm has a market capitalization of £226.07 million, a PE ratio of 3.28, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35.
Liontrust Asset Management (LON:LIO - Get Free Report) last issued 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%. As a group, analysts expect that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, insider Vinay Kumar Abrol acquired 1,614 shares of the company's stock in a transaction on Friday, May 2nd. The shares were bought at an average cost 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 the company's 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). Corporate insiders own 11.90% of the company's stock.
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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