Liontrust Asset Management (LON:LIO) Stock Crosses Above 200 Day Moving Average of $612.10

Shares of Liontrust Asset Management PLC (LON:LIO) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 612.10 ($7.69) and traded as high as GBX 699 ($8.78). Liontrust Asset Management shares last traded at GBX 695 ($8.73), with a volume of 237,751 shares traded.

Analysts Set New Price Targets

LIO has been the topic of a number of research analyst reports. Barclays downgraded shares of Liontrust Asset Management to an “equal weight” rating and set a GBX 760 ($9.55) price objective on the stock. in a research report on Thursday, April 11th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 750 ($9.42) price target on shares of Liontrust Asset Management in a research note on Wednesday, April 17th.

Liontrust Asset Management Trading Down 0.1 %

The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.50. The firm has a market cap of £442.70 million, a P/E ratio of 2,570.37, a PEG ratio of -1.70 and a beta of 1.27. The company has a 50 day moving average of GBX 662.01 and a 200 day moving average of GBX 612.10.

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.