Lindsell Train Investment Trust (LON:LTI) Hits New 1-Year Low – Here’s What Happened

Lindsell Train Investment Trust Plc (LON:LTI)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 5.48 and last traded at GBX 5.70, with a volume of 59848 shares trading hands. The stock had previously closed at GBX 5.62.

Lindsell Train Investment Trust Stock Performance

The stock has a market capitalization of £1.14 million, a PE ratio of -0.15 and a beta of 0.39. The firm has a 50 day moving average of GBX 5.83 and a 200-day moving average of GBX 6.10.

Lindsell Train Investment Trust (LON:LTI) last released its earnings results on Tuesday, June 9th. The company reported GBX 32.80 earnings per share for the quarter. The company had revenue of GBX 817 million for the quarter. Lindsell Train Investment Trust had a negative return on equity of 24.37% and a net margin of 104.34%.

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.