Liontrust Asset Management (LON:LIO) Sets New 52-Week Low – What’s Next?

Shares of Liontrust Asset Management PLC (LON:LIO) hit a new 52-week low during trading on Monday . The company traded as low as GBX 408.50 ($4.99) and last traded at GBX 418 ($5.10), with a volume of 299527 shares trading hands. The stock had previously closed at GBX 412 ($5.03).

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on LIO shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 500 ($6.10) target price on shares of Liontrust Asset Management in a research note on Friday, November 22nd. Berenberg Bank reduced their target price on shares of Liontrust Asset Management from GBX 215 ($2.62) to GBX 195 ($2.38) and set a “hold” rating for the company in a research report on Wednesday, November 20th.

Liontrust Asset Management Price Performance

The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 2.40. The stock has a market capitalization of £258.20 million, a price-to-earnings ratio of -8,080.00, a P/E/G ratio of -1.70 and a beta of 1.33. The business’s 50 day simple moving average is GBX 453.87 and its 200-day simple moving average is GBX 542.92.

Liontrust Asset Management Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, November 28th were issued a dividend of GBX 22 ($0.27) per share. The ex-dividend date was Thursday, November 28th. This represents a dividend yield of 5.28%. Liontrust Asset Management’s dividend payout ratio (DPR) is currently -144,000.00%.

Insider Transactions at Liontrust Asset Management

In other Liontrust Asset Management news, insider Vinay Kumar Abrol bought 50,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were acquired at an average cost of GBX 454 ($5.54) per share, for a total transaction of £227,000 ($277,133.44). Company insiders own 11.90% of the company’s stock.

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.