Lindsell Train Investment Trust (LON:LTI) Sets New 52-Week Low – Here’s Why

Lindsell Train Investment Trust Plc (LON:LTI)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 5.90 and last traded at GBX 6.14, with a volume of 67849 shares traded. The stock had previously closed at GBX 6.20.

Lindsell Train Investment Trust Stock Down 1.0%

The company’s 50-day simple moving average is GBX 6.44 and its 200 day simple moving average is GBX 234.51. The stock has a market capitalization of £1.23 million, a price-to-earnings ratio of -0.16 and a beta of 0.56.

Lindsell Train Investment Trust (LON:LTI) last released its quarterly earnings results on Thursday, December 4th. The company reported GBX 19.50 earnings per share (EPS) for the quarter. Lindsell Train Investment Trust had a return on equity of 3.89% and a net margin of 82.49%.

Insider Transactions at Lindsell Train Investment Trust

In other news, insider Michael Lindsell bought 23,591 shares of the business’s stock in a transaction on Wednesday, January 21st. The stock was purchased at an average price of GBX 632 per share, with a total value of £149,095.12. In the last quarter, insiders have acquired 98,911 shares of company stock valued at $65,000,957. Company insiders own 7.29% of the company’s stock.

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. It benchmarks the performance of its portfolio against the 2.5% Consolidated Loan Stock and MSCI World Index.