Shares of Lindsell Train Investment Trust Plc (LON:LTI - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 890 ($11.24) and last traded at GBX 877.54 ($11.09), with a volume of 567 shares changing hands. The stock had previously closed at GBX 862 ($10.89).
Lindsell Train Investment Trust Stock Performance
The stock has a market capitalization of £175.80 million, a P/E ratio of 22.79 and a beta of 0.56. The firm's fifty day simple moving average is GBX 819.93 and its 200 day simple moving average is GBX 779.47.
Lindsell Train Investment Trust (LON:LTI - Get Free Report) last announced its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 2,484 ($31.38) earnings per share (EPS) for the quarter. Lindsell Train Investment Trust had a net margin of 82.49% and a return on equity of 3.89%.
Insider Activity at Lindsell Train Investment Trust
In related news, insider Michael Lindsell purchased 40 shares of the firm's stock in a transaction that occurred on Tuesday, December 10th. The shares were bought at an average cost of £734.44 ($927.91) per share, with a total value of £29,377.60 ($37,116.36). In the last three months, insiders have purchased 340 shares of company stock valued at $27,414,885. 48.50% of the stock is owned by insiders.
Lindsell Train Investment Trust Company Profile
(
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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.
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