Liontrust Asset Management (LON:LIO) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Shares of Liontrust Asset Management PLC (LON:LIO) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 275.32 and traded as low as GBX 243. Liontrust Asset Management shares last traded at GBX 247.50, with a volume of 925,253 shares trading hands.

Analyst Upgrades and Downgrades

LIO has been the topic of a number of recent analyst reports. Royal Bank Of Canada lifted their price objective on Liontrust Asset Management from GBX 220 to GBX 240 and gave the stock an “underperform” rating in a research note on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft decreased their target price on Liontrust Asset Management from GBX 200 to GBX 165 and set a “buy” rating for the company in a research note on Wednesday, March 18th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 332.

Liontrust Asset Management Price Performance

The company has a market cap of £146.59 million, a P/E ratio of 11.96, a P/E/G ratio of -1.70 and a beta of 1.50. The stock has a 50-day simple moving average of GBX 248.96 and a 200 day simple moving average of GBX 274.62. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.35 and a current ratio of 1.35.

Insiders Place Their Bets

In other news, insider Vinay Kumar Abrol bought 774 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was acquired at an average cost of GBX 241 per share, for a total transaction of £1,865.34. Also, insider John Stephen Ions bought 774 shares of Liontrust Asset Management stock in a transaction that occurred on Wednesday, January 7th. The stock was purchased at an average cost of GBX 241 per share, with a total value of £1,865.34. Corporate insiders own 9.27% of the company’s stock.

Liontrust Asset Management Company Profile

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. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.