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Smithson Investment Trust (LON:SSON) Stock Price Down 0.1% - What's Next?

Smithson Investment Trust logo with Financial Services background

Smithson Investment Trust PLC (LON:SSON - Get Free Report) shares were down 0.1% during mid-day trading on Tuesday . The company traded as low as GBX 1,493.30 ($18.41) and last traded at GBX 1,498 ($18.47). Approximately 866,493 shares were traded during mid-day trading, an increase of 115% from the average daily volume of 403,477 shares. The stock had previously closed at GBX 1,500 ($18.49).

Smithson Investment Trust Price Performance

The firm has a market cap of £2.47 billion and a PE ratio of 669.91. The company has a 50-day simple moving average of GBX 1,479.85 and a 200-day simple moving average of GBX 1,443.84.

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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