Liontrust Asset Management (LON:LIO) Share Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

Liontrust Asset Management PLC (LON:LIO - Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 596.84 ($7.53) and traded as low as GBX 481 ($6.07). Liontrust Asset Management shares last traded at GBX 485.50 ($6.13), with a volume of 220,854 shares.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Berenberg Bank cut their target price on shares of Liontrust Asset Management from GBX 215 ($2.71) to GBX 195 ($2.46) and set a "hold" rating on the stock in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 500 ($6.31) price objective on shares of Liontrust Asset Management in a research report on Friday, November 22nd.

Liontrust Asset Management Price Performance

The stock has a market capitalization of £312.52 million, a price-to-earnings ratio of -9,845.20, a P/E/G 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 2.40. The stock has a fifty day moving average of GBX 468.49 and a 200-day moving average of GBX 594.37.

Liontrust Asset Management Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, January 8th. Investors of record on Thursday, November 28th will be given a GBX 22 ($0.28) dividend. This represents a dividend yield of 5.28%. The ex-dividend date of this dividend is Thursday, November 28th. Liontrust Asset Management's dividend payout ratio (DPR) is -144,000.00%.

Insider Buying and Selling

In other Liontrust Asset Management news, insider Vinay Kumar Abrol bought 50,000 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were acquired at an average cost of GBX 454 ($5.73) per share, with a total value of £227,000 ($286,507.64). 11.90% of the stock is owned by company insiders.

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.