Liontrust Asset Management (LON:LIO) Stock Passes Above 50 Day Moving Average – Time to Sell?

Liontrust Asset Management PLC (LON:LIO) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 250.02 and traded as high as GBX 260. Liontrust Asset Management shares last traded at GBX 255.50, with a volume of 174,351 shares trading hands.

Wall Street Analyst Weigh In

LIO has been the topic of several research reports. Deutsche Bank Aktiengesellschaft dropped their price target on Liontrust Asset Management from GBX 200 to GBX 165 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Royal Bank Of Canada dropped their price target on Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating on the stock in a research report on Wednesday, April 8th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Liontrust Asset Management currently has a consensus rating of “Hold” and a consensus price target of GBX 331.

Liontrust Asset Management Stock Up 5.0%

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 has a fifty day simple moving average of GBX 251.18 and a 200 day simple moving average of GBX 268.01. The firm has a market capitalization of £164.76 million, a P/E ratio of 13.56, a P/E/G ratio of -1.70 and a beta of 1.50.

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.