Lindsell Train Investment Trust (LON:LTI) Stock Price Passes Below Fifty Day Moving Average of $800.91

Lindsell Train Investment Trust Plc (LON:LTI)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 800.91 ($10.06) and traded as low as GBX 791.60 ($9.94). Lindsell Train Investment Trust shares last traded at GBX 799 ($10.04), with a volume of 103 shares trading hands.

Lindsell Train Investment Trust Trading Up 2.1 %

The stock’s 50-day moving average is GBX 801.11 and its 200-day moving average is GBX 836.73. The company has a market cap of £1.63 million, a price-to-earnings ratio of -89.18 and a beta of 0.55.

Insider Activity at Lindsell Train Investment Trust

In related news, insider Michael Lindsell bought 100 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were bought at an average price of £847.90 ($1,065.07) per share, for a total transaction of £84,790 ($106,506.72). Insiders have purchased 617 shares of company stock worth $46,329,250 in the last quarter. Company insiders own 37.12% 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.