Lindsell Train Investment Trust (LON:LTI) Stock Crosses Below Fifty Day Moving Average - Should You Sell?

Shares of Lindsell Train Investment Trust Plc (LON:LTI - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 832.87 ($10.76) and traded as low as GBX 808.40 ($10.45). Lindsell Train Investment Trust shares last traded at GBX 838 ($10.83), with a volume of 140 shares traded.

Lindsell Train Investment Trust Stock Down 1.8 %

The stock has a market cap of £160.18 million, a PE ratio of 20.76 and a beta of 0.56. The firm has a fifty day moving average of GBX 833.92 and a 200 day moving average of GBX 783.56.

Insider Activity at Lindsell Train Investment Trust

In related news, insider Michael Lindsell bought 40 shares of the stock in a transaction dated Tuesday, December 10th. The stock was acquired at an average price of £734.44 ($949.01) per share, for a total transaction of £29,377.60 ($37,960.46). Insiders acquired 290 shares of company stock valued at $23,724,885 over the last three months. 48.50% of the stock is owned by corporate insiders.

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.