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

Liontrust Asset Management PLC (LON:LIO)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 554.62 ($6.92) and traded as low as GBX 456 ($5.69). Liontrust Asset Management shares last traded at GBX 462 ($5.76), with a volume of 202,594 shares changing hands.

Analyst Upgrades and Downgrades

LIO has been the topic of several analyst reports. Berenberg Bank dropped their price target on shares of Liontrust Asset Management from GBX 215 ($2.68) to GBX 195 ($2.43) and set a “hold” rating on the stock in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 500 ($6.24) target price on shares of Liontrust Asset Management in a report on Friday, November 22nd.

Liontrust Asset Management Price Performance

The business has a fifty day moving average of GBX 459.47 and a two-hundred day moving average of GBX 554.62. 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 firm has a market capitalization of £292.07 million, a price-to-earnings ratio of -9,139.92, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Thursday, November 28th will be issued a GBX 22 ($0.27) 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 currently -144,000.00%.

Insider Activity

In other news, insider Vinay Kumar Abrol acquired 50,000 shares of Liontrust Asset Management stock in a transaction dated Thursday, November 21st. The stock was bought at an average price of GBX 454 ($5.66) per share, for a total transaction of £227,000 ($283,183.63). 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.