Liontrust Asset Management (LON:LIO) Share Price Crosses Below Two Hundred Day Moving Average of $2,114.24

Liontrust Asset Management PLC (LON:LIO)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,114.24 ($28.70) and traded as low as GBX 1,854 ($25.17). Liontrust Asset Management shares last traded at GBX 1,876 ($25.46), with a volume of 168,472 shares changing hands.

LIO has been the topic of a number of recent research reports. Peel Hunt reaffirmed a “hold” rating and issued a GBX 2,331 ($31.64) target price on shares of Liontrust Asset Management in a research report on Wednesday, December 1st. Berenberg Bank boosted their price target on Liontrust Asset Management from GBX 1,900 ($25.79) to GBX 1,965 ($26.67) and gave the stock a “hold” rating in a research report on Tuesday, October 12th.

The firm has a 50 day simple moving average of GBX 2,125.60 and a two-hundred day simple moving average of GBX 2,114.24. The company has a quick ratio of 1.26, a current ratio of 1.29 and a debt-to-equity ratio of 2.97. The stock has a market capitalization of £1.15 billion and a P/E ratio of 23.60.

The firm also recently announced a dividend, which was paid on Friday, January 14th. Shareholders of record on Thursday, December 9th were paid a dividend of GBX 22 ($0.30) per share. This represents a yield of 1.07%. The ex-dividend date of this dividend was Thursday, December 9th. Liontrust Asset Management’s payout ratio is presently 0.59%.

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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