Lindsell Train Investment Trust (LON:LTI) Stock Price Down 0.7% – What’s Next?

Lindsell Train Investment Trust Plc (LON:LTI – Get Free Report) fell 0.7% on Tuesday. The stock traded as low as GBX 5.66 and last traded at GBX 5.76. Approximately 46,208 shares changed hands during mid-day trading, a decline of 0% from the average daily volume of 46,330 shares. The stock had previously closed at GBX 5.80.

Lindsell Train Investment Trust Price Performance

The company’s 50 day moving average price is GBX 5.71 and its 200 day moving average price is GBX 5.86. The firm has a market cap of £1.15 million, a PE ratio of -0.03 and a beta of 0.40.

Insiders Place Their Bets

In other Lindsell Train Investment Trust news, insider Michael Lindsell bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were purchased at an average cost of GBX 579 per share, with a total value of £28,950. 7.39% of the stock is currently owned by insiders.

Lindsell Train Investment Trust Company Profile

(Get Free Report)

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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