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

Lindsell Train Investment Trust Plc (LON:LTI)’s share price reached a new 52-week low on Monday . The company traded as low as GBX 6.66 and last traded at GBX 6.72, with a volume of 31906 shares traded. The stock had previously closed at GBX 6.84.

Lindsell Train Investment Trust Price Performance

The stock’s fifty day simple moving average is GBX 35.39 and its 200-day simple moving average is GBX 540.29. The company has a market capitalization of £1.34 million, a P/E ratio of -0.29 and a beta of 0.56.

Insider Activity

In other Lindsell Train Investment Trust news, insider Michael Lindsell bought 8,000 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The stock was purchased at an average price of GBX 730 per share, for a total transaction of £58,400. Also, insider Sian Hansen purchased 1,400 shares of the company’s stock in a transaction on Monday, October 13th. The stock was acquired at an average cost of GBX 734 per share, for a total transaction of £10,276. Insiders have purchased a total of 19,400 shares of company stock valued at $13,987,600 in the last three months. 6.72% of the stock is owned by insiders.

Lindsell Train Investment Trust Company Profile

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.