Lindsell Train Investment Trust (LON:LTI) Sets New 12-Month Low – Time to Sell?

Lindsell Train Investment Trust Plc (LON:LTI) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 5.50 and last traded at GBX 5.50, with a volume of 57379 shares traded. The stock had previously closed at GBX 5.62.

Lindsell Train Investment Trust Price Performance

The firm has a market cap of £1.18 million, a PE ratio of -0.16 and a beta of 0.34. The company has a 50-day simple moving average of GBX 6.08 and a 200-day simple moving average of GBX 41.39.

Insider Activity

In other Lindsell Train Investment Trust news, insider Michael Lindsell acquired 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was bought at an average price of GBX 600 per share, for a total transaction of £30,000. Over the last three months, insiders purchased 60,591 shares of company stock worth $38,175,512. 7.34% of the stock is currently owned by company insiders.

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. It benchmarks the performance of its portfolio against the 2.5% Consolidated Loan Stock and MSCI World Index.