Liontrust Asset Management (LON:LIO) Stock Crosses Below 200-Day Moving Average - Should You Sell?

Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 580.86 ($7.30) and traded as low as GBX 449.50 ($5.65). Liontrust Asset Management shares last traded at GBX 457 ($5.74), with a volume of 270,082 shares traded.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 500 ($6.28) price target on shares of Liontrust Asset Management in a research report on Friday, November 22nd. Berenberg Bank lowered their target price on shares of Liontrust Asset Management from GBX 215 ($2.70) to GBX 195 ($2.45) and set a "hold" rating for the company in a research note on Wednesday, November 20th.

Liontrust Asset Management Trading Up 0.2 %

The business has a 50 day simple moving average of GBX 461.73 and a 200-day simple moving average of GBX 580.86. The stock has a market capitalization of £292.07 million, a price-to-earnings ratio of -9,140.00, a PEG ratio of -1.70 and a beta of 1.33. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.42 and a quick ratio of 1.35.

Liontrust Asset Management Cuts Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 5.28%. Liontrust Asset Management's dividend payout ratio is presently -144,000.00%.

Insiders Place Their Bets

In related news, insider Vinay Kumar Abrol acquired 50,000 shares of the business's stock in a transaction that occurred on Thursday, November 21st. The shares were acquired at an average cost of GBX 454 ($5.71) per share, with a total value of £227,000 ($285,283.40). 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.