Liontrust Asset Management (LON:LIO) Stock Crosses Below 200-Day Moving Average - What's Next?

Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 517.21 ($6.41) and traded as low as GBX 451.53 ($5.60). Liontrust Asset Management shares last traded at GBX 459.50 ($5.69), with a volume of 362,283 shares traded.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LIO. Berenberg Bank decreased their price objective on Liontrust Asset Management from GBX 215 ($2.66) to GBX 195 ($2.42) and set a "hold" rating for the company in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a GBX 500 ($6.20) price target on shares of Liontrust Asset Management in a research note on Friday, November 22nd.

Liontrust Asset Management Stock Performance

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 50 day simple moving average of GBX 450.13 and a two-hundred day simple moving average of GBX 514.30. The stock has a market capitalization of £289.71 million, a P/E ratio of -9,066.22, a P/E/G ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management (LON:LIO - Get Free Report) last posted its quarterly earnings results on Thursday, November 21st. The company reported GBX 30.28 ($0.38) earnings per share for the quarter. Liontrust Asset Management had a negative return on equity of 1.78% and a negative net margin of 1.76%. On average, equities analysts forecast that Liontrust Asset Management PLC will post 69.828816 EPS for the current fiscal year.

Liontrust Asset Management Cuts Dividend

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

Insider Activity

In other news, insider John Stephen Ions purchased 12,500 shares of the company's stock in a transaction that occurred on Wednesday, January 22nd. The stock was acquired at an average cost of GBX 400 ($4.96) per share, with a total value of £50,000 ($61,957.87). Also, insider Vinay Kumar Abrol purchased 50,000 shares of the company's stock in a transaction that occurred on Thursday, November 21st. The shares were purchased at an average cost of GBX 454 ($5.63) per share, with a total value of £227,000 ($281,288.72). 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.