Liontrust Asset Management (LON:LIO) Hits New 12-Month Low – What’s Next?

Liontrust Asset Management PLC (LON:LIO)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as GBX 375.50 ($4.86) and last traded at GBX 378 ($4.90), with a volume of 40555352 shares trading hands. The stock had previously closed at GBX 385.50 ($4.99).

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 500 ($6.48) price objective 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 ($2.78) to GBX 195 ($2.53) and set a “hold” rating on the stock in a report on Wednesday, November 20th.

Liontrust Asset Management Stock Performance

The firm has a market cap of £240.59 million, a PE ratio of 3.49, a PEG ratio of -1.70 and a beta of 1.33. The company has a 50-day simple moving average of GBX 426.69 and a two-hundred day simple moving average of GBX 477.58. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48.

Insider Activity at Liontrust Asset Management

In other news, insider John Stephen Ions bought 12,500 shares of the stock in a transaction on Wednesday, January 22nd. The shares were purchased at an average cost of GBX 400 ($5.18) per share, for a total transaction of £50,000 ($64,766.84). Also, insider Vinay Kumar Abrol sold 3,797 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of GBX 403 ($5.22), for a total value of £15,301.91 ($19,821.13). 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.