Liontrust Asset Management (LON:LIO) Share Price Passes Below 200 Day Moving Average – Here’s Why

Shares of Liontrust Asset Management PLC (LON:LIO) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 536.76 ($6.62) and traded as low as GBX 396.50 ($4.89). Liontrust Asset Management shares last traded at GBX 402.50 ($4.96), with a volume of 247,293 shares.

Analysts Set New Price Targets

A number of research firms have commented on LIO. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 500 ($6.17) target price on shares of Liontrust Asset Management in a report on Friday, November 22nd. Berenberg Bank cut their price target on shares of Liontrust Asset Management from GBX 215 ($2.65) to GBX 195 ($2.40) and set a “hold” rating for the company in a report on Wednesday, November 20th.

Liontrust Asset Management Stock Down 1.2 %

The firm has a 50 day moving average of GBX 451.42 and a two-hundred day moving average of GBX 536.76. The stock has a market capitalization of £257.24 million, a PE ratio of -8,050.00, a P/E/G ratio of -1.70 and a beta of 1.33. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 2.40.

Liontrust Asset Management Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, November 28th were given a GBX 22 ($0.27) dividend. This represents a dividend yield of 5.28%. The ex-dividend date was Thursday, November 28th. Liontrust Asset Management’s dividend payout ratio is currently -144,000.00%.

Insider Transactions at Liontrust Asset Management

In other Liontrust Asset Management news, insider Vinay Kumar Abrol acquired 50,000 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was acquired at an average cost of GBX 454 ($5.60) per share, with a total value of £227,000 ($279,901.36). Corporate insiders own 11.90% 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.