Lindsell Train Investment Trust Plc (LON:LTI – Get Free Report)’s share price was up 0.7% during mid-day trading on Tuesday. The company traded as high as GBX 5.88 and last traded at GBX 5.84. Approximately 29,274 shares traded hands during trading, a decline of 38% from the average session volume of 46,934 shares. The stock had previously closed at GBX 5.80.
Lindsell Train Investment Trust Trading Up 0.7%
The company has a market cap of £1.17 million, a P/E ratio of -0.03 and a beta of 0.40. The firm’s 50 day moving average price is GBX 5.71 and its 200-day moving average price is GBX 5.75.
Insiders Place Their Bets
In other Lindsell Train Investment Trust news, insider Michael Lindsell acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were acquired at an average cost of GBX 580 per share, for a total transaction of £58,000. 7.39% of the stock is owned by corporate 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.
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