Shares of New Star Investment Trust plc (LON:NSI - Get Free Report) shot up 2.6% during mid-day trading on Friday . The company traded as high as GBX 110.25 ($1.39) and last traded at GBX 110.25 ($1.39). 5,000 shares were traded during mid-day trading, a decline of 62% from the average session volume of 13,190 shares. The stock had previously closed at GBX 107.50 ($1.36).
New Star Investment Trust Price Performance
The stock has a market cap of £76.35 million, a price-to-earnings ratio of 2,205.00 and a beta of 0.30. The firm has a fifty day moving average of GBX 106.81 and a 200 day moving average of GBX 112.08.
New Star Investment Trust Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 14th will be issued a GBX 1.70 ($0.02) dividend. This represents a yield of 1.61%. The ex-dividend date is Thursday, November 14th. New Star Investment Trust's payout ratio is currently 6,000.00%.
New Star Investment Trust Company Profile
(
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New Star Investment Trust plc is a closed ended balanced mutual fund of funds launched and managed by Brompton Asset Management LLP. The fund invests in funds which invest in the public equity markets across the globe. It primarily invests in equity, bond, commodity, real estate, currency, pooled investment vehicles, exchange traded funds, futures, options, and limited partnerships.
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