Liontrust Asset Management (LON:LIO) Hits New 12-Month Low – What’s Next?

Liontrust Asset Management PLC (LON:LIO)’s stock price hit 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. The stock had previously closed at GBX 385.50 ($4.96).

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Berenberg Bank decreased their price objective on Liontrust Asset Management from GBX 215 ($2.77) to GBX 195 ($2.51) and set a “hold” rating for the company in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 500 ($6.44) price objective on shares of Liontrust Asset Management in a report on Friday, November 22nd.

Liontrust Asset Management Price Performance

The firm has a market cap 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. The company has a fifty day moving average of GBX 432.44 and a 200-day moving average of GBX 483.21. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35.

Insider Activity

In related news, insider John Stephen Ions acquired 12,500 shares of the firm’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was acquired at an average price 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 business’s stock in a transaction dated 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.