Lindsell Train Investment Trust (LON:LTI) Hits New 1-Year Low – Here’s What Happened

Lindsell Train Investment Trust Plc (LON:LTI) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 5.36 and last traded at GBX 5.60, with a volume of 48253 shares trading hands. The stock had previously closed at GBX 5.56.

Lindsell Train Investment Trust Stock Up 0.7%

The firm’s 50-day moving average price is GBX 5.69 and its 200 day moving average price is GBX 5.94. The firm has a market cap of £1.12 million, a P/E ratio of -0.03 and a beta of 0.40.

Lindsell Train Investment Trust (LON:LTI) last issued its quarterly earnings data on Tuesday, June 9th. The company reported GBX 32.80 earnings per share for the quarter. The firm had revenue of GBX 817 million for the quarter. Lindsell Train Investment Trust had a net margin of 104.34% and a negative return on equity of 24.37%.

About Lindsell Train Investment Trust

Lindsell Train Investment Trust Plc is an closed-ended balanced mutual fund of funds launched and managed by Lindsell Train Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, unquoted equities, bonds, other Lindsell Train managed fund products, cash, and other financial investments. It benchmarks the performance of its portfolio against the 2.5% Consolidated Loan Stock and MSCI World Index.