Liontrust Asset Management (LON:LIO) Shares Pass Below 200-Day Moving Average – What’s Next?

Liontrust Asset Management PLC (LON:LIO) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 645.37 ($8.37) and traded as low as GBX 462 ($5.99). Liontrust Asset Management shares last traded at GBX 464.50 ($6.02), with a volume of 187,244 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “hold” rating and set a GBX 750 ($9.73) target price on shares of Liontrust Asset Management in a research note on Wednesday, July 10th.

Liontrust Asset Management Stock Performance

The company has a debt-to-equity ratio of 2.40, a quick ratio of 1.35 and a current ratio of 1.42. The stock’s 50-day simple moving average is GBX 545.87 and its 200 day simple moving average is GBX 645.37. The company has a market cap of £297.50 million, a PE ratio of -9,290.00, a P/E/G ratio of -1.70 and a beta of 1.33.

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.