Liontrust Asset Management (LON:LIO) Share Price Passes Above 200-Day Moving Average of $1,869.63

Liontrust Asset Management PLC (LON:LIO)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,869.63 ($24.43) and traded as high as GBX 2,045 ($26.72). Liontrust Asset Management shares last traded at GBX 2,020 ($26.39), with a volume of 328,487 shares.

LIO has been the subject of a number of recent analyst reports. Berenberg Bank raised their price objective on Liontrust Asset Management from GBX 1,900 ($24.82) to GBX 1,965 ($25.67) and gave the stock a “hold” rating in a research report on Tuesday. Numis Securities restated an “add” rating and set a GBX 1,900 ($24.82) target price on shares of Liontrust Asset Management in a report on Wednesday, June 23rd.

The business has a fifty day moving average of GBX 2,246.46 and a 200 day moving average of GBX 1,874.17. The company has a market capitalization of £1.28 billion and a PE ratio of 45.00. The company has a current ratio of 1.21, a quick ratio of 1.20 and a debt-to-equity ratio of 3.07.

In other news, insider John Stephen Ions sold 27,882 shares of Liontrust Asset Management stock in a transaction dated Wednesday, August 11th. The stock was sold at an average price of GBX 2,109 ($27.55), for a total value of £588,031.38 ($768,266.76). Also, insider Quintin Price bought 2,200 shares of the firm’s stock in a transaction that occurred on Monday, September 27th. The shares were acquired at an average price of GBX 2,150 ($28.09) per share, with a total value of £47,300 ($61,797.75).

Liontrust Asset Management Company Profile (LON:LIO)

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.

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