New Star Investment Trust (LON:NSI) Hits New 1-Year High – Should You Buy?

New Star Investment Trust plc (LON:NSIGet Free Report) shares reached a new 52-week high on Friday . The company traded as high as GBX 131 and last traded at GBX 129.94, with a volume of 223578 shares changing hands. The stock had previously closed at GBX 128.

New Star Investment Trust Stock Performance

The firm’s fifty day moving average is GBX 126.12 and its 200-day moving average is GBX 119.88. The company has a market capitalization of £92.29 million, a P/E ratio of 32.16 and a beta of 0.30.

About New Star Investment Trust

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New Star Investment Trust plc is a closed ended balanced mutual fund of funds launched and managed by Brompton Asset Management LLP. The fund invests in funds which invest in the public equity markets across the globe. It primarily invests in equity, bond, commodity, real estate, currency, pooled investment vehicles, exchange traded funds, futures, options, and limited partnerships. The fund seeks to invest in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the FTSE All-Share Total Return Index.

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