Liontrust Asset Management (LON:LIO) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Liontrust Asset Management PLC (LON:LIO) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 596.84 ($7.53) and traded as low as GBX 481 ($6.07). Liontrust Asset Management shares last traded at GBX 485.50 ($6.13), with a volume of 220,854 shares trading hands.

Analyst Ratings Changes

LIO has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 500 ($6.31) price target on shares of Liontrust Asset Management in a research report on Friday, November 22nd. Berenberg Bank decreased their price target on shares of Liontrust Asset Management from GBX 215 ($2.71) to GBX 195 ($2.46) and set a “hold” rating for the company in a research report on Wednesday, November 20th.

Liontrust Asset Management Stock Performance

The company has a debt-to-equity ratio of 2.40, a current ratio of 1.42 and a quick ratio of 1.35. The company’s 50-day moving average price is GBX 467.45 and its two-hundred day moving average price is GBX 593.64. The company has a market capitalization of £312.52 million, a price-to-earnings ratio of -9,780.00, a PEG ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Thursday, November 28th will be given a dividend of GBX 22 ($0.28) per share. This represents a dividend yield of 5.28%. The ex-dividend date of this dividend is Thursday, November 28th. Liontrust Asset Management’s dividend payout ratio (DPR) is presently -144,000.00%.

Insider Buying and Selling

In related news, insider Vinay Kumar Abrol bought 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 ($5.73) per share, with a total value of £227,000 ($286,507.64). 11.90% of the stock is owned by 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.