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

Liontrust Asset Management PLC (LON:LIO) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 259.77 and traded as high as GBX 281.25. Liontrust Asset Management shares last traded at GBX 277.50, with a volume of 1,050,718 shares traded.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on LIO shares. Berenberg Bank restated a “hold” rating and issued a GBX 270 price objective on shares of Liontrust Asset Management in a report on Wednesday, April 22nd. Royal Bank Of Canada decreased their price objective on shares of Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating for the company in a report on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liontrust Asset Management from GBX 185 to GBX 170 and set a “sell” rating for the company in a report on Tuesday, May 5th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Liontrust Asset Management presently has a consensus rating of “Hold” and a consensus price target of GBX 322.

Liontrust Asset Management Price Performance

The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of £166.45 million, a PE ratio of 13.81, a price-to-earnings-growth ratio of -1.70 and a beta of 1.41. The firm has a 50 day moving average price of GBX 258.82 and a 200 day moving average price of GBX 259.77.

Insider Buying and Selling at Liontrust Asset Management

In related news, insider Vinay Kumar Abrol acquired 2,043 shares of Liontrust Asset Management stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average cost of GBX 264 per share, for a total transaction of £5,393.52. Also, insider John Stephen Ions acquired 2,043 shares of Liontrust Asset Management stock in a transaction dated Tuesday, May 5th. The stock was bought at an average price of GBX 264 per share, with a total value of £5,393.52. Insiders bought a total of 247,401 shares of company stock valued at $66,043,809 over the last 90 days. 9.22% of the stock is currently owned by company 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. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.