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Smithson Investment Trust (LON:SSON) Sets New 52-Week High - Still a Buy?

Smithson Investment Trust logo with Financial Services background

Smithson Investment Trust PLC (LON:SSON - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 1,528 ($18.98) and last traded at GBX 1,525.02 ($18.94), with a volume of 143363 shares trading hands. The stock had previously closed at GBX 1,516 ($18.83).

Smithson Investment Trust Stock Up 0.6 %

The stock has a fifty day moving average of GBX 1,489.69 and a two-hundred day moving average of GBX 1,450.99. The stock has a market cap of £2.53 billion and a price-to-earnings ratio of 687.22.

Smithson Investment Trust Company Profile

(Get Free Report)

Smithson aims to provide its shareholders with a similar investment experience to the Fundsmith Equity Fund, being a superior risk-adjusted return over the long term, but by investing in a group of global small and mid capitalisation listed companies with a market cap of £500m to £15bn, which we believe can compound in value over many years, if not decades, hence the name, Smithson.

Further Reading

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