New Star Investment Trust (LON:NSI) Reaches New 12-Month High – Still a Buy?

New Star Investment Trust plc (LON:NSIGet Free Report)’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 Price Performance

The business has a 50-day simple moving average of GBX 123.96 and a two-hundred day simple moving average of GBX 117.82. The stock has a market cap of £90.91 million, a price-to-earnings ratio of 31.68 and a beta of 0.30.

New Star Investment Trust (LON:NSIGet Free Report) last issued its earnings results 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

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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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