Liontrust Asset Management (LON:LIO) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

Liontrust Asset Management PLC (LON:LIO)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 260.25 and traded as high as GBX 306. Liontrust Asset Management shares last traded at GBX 301.50, with a volume of 381,771 shares trading hands.

Analysts Set New Price Targets

LIO has been the topic of several research reports. 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 on the stock in a report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Liontrust Asset Management from GBX 170 to GBX 190 and gave the company a “sell” rating in a report on Wednesday, June 3rd. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 270 price objective on shares of Liontrust Asset Management in a report on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of GBX 326.

Liontrust Asset Management Price Performance

The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.76. The company’s 50 day moving average is GBX 275.78 and its 200 day moving average is GBX 260.74. The firm has a market capitalization of £183.43 million, a price-to-earnings ratio of 15.32, a P/E/G ratio of -1.70 and a beta of 1.45.

Insider Activity

In related news, insider John Stephen Ions sold 215,041 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of GBX 267, for a total value of £574,159.47. Also, insider Vinay Kumar Abrol purchased 2,043 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average price of GBX 264 per share, for a total transaction of £5,393.52. Insiders purchased 247,401 shares of company stock worth $66,043,809 over the last 90 days. 9.49% of the stock is currently owned by corporate 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. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.