Liontrust Asset Management (LON:LIO) Reaches New 1-Year Low – Here’s Why

Liontrust Asset Management PLC (LON:LIO) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 375.50 ($4.83) and last traded at GBX 378 ($4.87), with a volume of 40555352 shares traded. The stock had previously closed at GBX 385.50 ($4.96).

Analysts Set New Price Targets

Several brokerages recently issued reports on LIO. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 500 ($6.44) target price on shares of Liontrust Asset Management in a research note on Friday, November 22nd. Berenberg Bank lowered their target price on shares of Liontrust Asset Management from GBX 215 ($2.77) to GBX 195 ($2.51) and set a “hold” rating on the stock in a report on Wednesday, November 20th.

Liontrust Asset Management Trading Down 1.9 %

The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 1.48. The firm has a 50-day moving average of GBX 432.44 and a two-hundred day moving average of GBX 483.21. The firm has a market capitalization of £238.70 million, a P/E ratio of 3.46, a P/E/G ratio of -1.70 and a beta of 1.33.

Insider Activity

In other Liontrust Asset Management news, insider John Stephen Ions bought 12,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were acquired at an average cost of GBX 400 ($5.15) per share, for a total transaction of £50,000 ($64,374.92). Also, insider Vinay Kumar Abrol sold 3,797 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of GBX 403 ($5.19), for a total transaction of £15,301.91 ($19,701.18). 11.90% of the stock is currently owned by corporate insiders.

About Liontrust Asset Management

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.