New Star Investment Trust (LON:NSI) Releases Quarterly Earnings Results

New Star Investment Trust (LON:NSI) released its quarterly earnings results on Thursday. The company reported GBX 4.03 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 272 million for the quarter. New Star Investment Trust had a net margin of 1,605.21% and a return on equity of 10.51%.

New Star Investment Trust Stock Performance

NSI stock traded up GBX 0.13 on Thursday, hitting GBX 138.61. 37,923 shares of the company’s stock were exchanged, compared to its average volume of 21,280. New Star Investment Trust has a 12-month low of GBX 117.10 and a 12-month high of GBX 148. The firm has a 50 day moving average price of GBX 138.87 and a two-hundred day moving average price of GBX 133.56. The stock has a market cap of £98.44 million, a P/E ratio of 7.44 and a beta of 0.12.

About New Star Investment Trust

New Star Investment Trust plc is a closed ended balanced mutual fund of funds launched and managed by Brompton Asset Management LLP. The fund invests in funds which invest in the public equity markets across the globe. It primarily invests in equity, bond, commodity, real estate, currency, pooled investment vehicles, exchange traded funds, futures, options, and limited partnerships. The fund seeks to invest in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the FTSE All-Share Total Return Index.