New Star Investment Trust (LON:NSI) Reaches New 52-Week High – Here’s What Happened

New Star Investment Trust plc (LON:NSI)’s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 131 and last traded at GBX 128, with a volume of 23061 shares. The stock had previously closed at GBX 129.50.

New Star Investment Trust Stock Down 1.2%

The company’s fifty day simple moving average is GBX 123.96 and its two-hundred day simple moving average is GBX 117.82. The company has a market capitalization of £90.91 million, a price-to-earnings ratio of 31.68 and a beta of 0.30.

New Star Investment Trust (LON:NSI) last issued its quarterly earnings data on Monday, November 3rd. The company reported GBX 4.25 EPS for the quarter. New Star Investment Trust had a return on equity of 11.02% and a net margin of 92.75%.

New Star Investment Trust Company Profile

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.