Lindsell Train Investment Trust (LON:LTI) Stock Price Down 0.7% – What’s Next?

Lindsell Train Investment Trust Plc (LON:LTI) shares traded down 0.7% during mid-day trading on Tuesday. The stock traded as low as GBX 5.66 and last traded at GBX 5.76. 46,208 shares were traded during mid-day trading, a decline of 0% from the average daily volume of 46,330 shares. The stock had previously closed at GBX 5.80.

Lindsell Train Investment Trust Stock Down 0.7%

The stock’s 50-day simple moving average is GBX 5.71 and its 200 day simple moving average is GBX 5.86. The company has a market cap of £1.15 million, a price-to-earnings ratio of -0.03 and a beta of 0.40.

Insider Activity

In related news, insider Michael Lindsell acquired 5,000 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were purchased at an average cost of GBX 579 per share, for a total transaction of £28,950. Company insiders own 7.39% 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.