Lindsell Train Investment Trust (LON:LTI) Posts Quarterly Earnings Results

Lindsell Train Investment Trust (LON:LTI) announced its earnings results on Thursday. The company reported GBX 19.50 EPS for the quarter, Digital Look Earnings reports. Lindsell Train Investment Trust had a net margin of 82.49% and a return on equity of 3.89%.

Lindsell Train Investment Trust Stock Performance

Lindsell Train Investment Trust stock opened at GBX 6.68 on Friday. The company has a 50 day moving average price of GBX 7.06 and a 200 day moving average price of GBX 521.54. Lindsell Train Investment Trust has a 52 week low of GBX 6.48 and a 52 week high of GBX 8.96. The firm has a market capitalization of £1.34 million, a price-to-earnings ratio of -0.29 and a beta of 0.56.

Insider Buying and Selling at Lindsell Train Investment Trust

In other Lindsell Train Investment Trust news, insider Michael Lindsell purchased 8,000 shares of the stock in a transaction dated Monday, October 20th. The shares were acquired 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 that occurred on Monday, October 13th. The shares were acquired at an average cost of GBX 734 per share, for a total transaction of £10,276. Over the last three months, insiders have acquired 19,400 shares of company stock worth $13,987,600. Company insiders own 6.72% of the company’s stock.

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.