Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s stock price dropped 9.4% during trading on Thursday . The company traded as low as GBX 346 ($4.72) and last traded at GBX 366.80 ($5.00). Approximately 754,430 shares changed hands during mid-day trading, an increase of 68% from the average daily volume of 448,392 shares. The stock had previously closed at GBX 405 ($5.53).
Wall Street Analyst Weigh In
Separately, Berenberg Bank decreased their price objective on shares of Liontrust Asset Management from GBX 450 ($6.14) to GBX 330 ($4.50) and set a "hold" rating on the stock in a research note on Tuesday, April 15th.
Check Out Our Latest Stock Report on Liontrust Asset Management
Liontrust Asset Management Trading Down 0.3%
The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42. The stock has a market cap of £227.65 million, a P/E ratio of 3.30, a P/E/G ratio of -1.70 and a beta of 1.33. The company has a 50-day simple moving average of GBX 375.11 and a 200-day simple moving average of GBX 397.13.
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 (EPS) for the quarter. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%. On average, sell-side analysts forecast that Liontrust Asset Management PLC will post 69.828816 EPS 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 dated Tuesday, April 8th. The shares were sold at an average price of GBX 324 ($4.42), for a total transaction of £84,564 ($115,382.73). Also, insider Vinay Kumar Abrol bought 1,614 shares of Liontrust Asset Management stock in a transaction dated Friday, May 2nd. The stock was acquired at an average cost of GBX 336 ($4.58) per share, for a total transaction of £5,423.04 ($7,399.43). 11.90% of the stock is currently owned by company insiders.
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.
Recommended Stories
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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
