Lindsell Train Investment Trust (LON:LTI) Sets New 52-Week Low – Here’s Why

Lindsell Train Investment Trust Plc (LON:LTI) shares reached a new 52-week low on Thursday . The company traded as low as GBX 5.90 and last traded at GBX 6.14, with a volume of 67849 shares. The stock had previously closed at GBX 6.20.

Lindsell Train Investment Trust Stock Performance

The business’s 50 day moving average price is GBX 6.44 and its 200-day moving average price is GBX 234.51. The company has a market cap of £1.23 million, a price-to-earnings ratio of -0.16 and a beta of 0.56.

Lindsell Train Investment Trust (LON:LTI) last issued its earnings results on Thursday, December 4th. The company reported GBX 19.50 earnings per share for the quarter. Lindsell Train Investment Trust had a net margin of 82.49% and a return on equity of 3.89%.

Insider Buying and Selling at Lindsell Train Investment Trust

In related news, insider Michael Lindsell bought 5,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was acquired at an average cost of GBX 611 per share, with a total value of £30,550. In the last 90 days, insiders purchased 98,911 shares of company stock valued at $65,000,957. Corporate insiders own 7.29% of the company’s stock.

Lindsell Train Investment Trust Company Profile

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.