Smithson Investment Trust PLC (LON:SSON - Get Free Report) was down 0.9% on Thursday . The company traded as low as GBX 1,444.40 ($18.66) and last traded at GBX 1,450.88 ($18.75). Approximately 1,750,047 shares changed hands during trading, an increase of 298% from the average daily volume of 440,008 shares. The stock had previously closed at GBX 1,464 ($18.91).
Smithson Investment Trust Trading Down 1.5 %
The stock has a market cap of £1.81 billion and a P/E ratio of -42.24. The stock's 50-day moving average is GBX 1,511.34 and its 200-day moving average is GBX 1,473.55.
Smithson Investment Trust (LON:SSON - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. Smithson Investment Trust had a net margin of 317.04% and a negative return on equity of 2.13%.
Smithson Investment Trust Announces Dividend
The company also recently announced a dividend, which will be paid on Friday, May 2nd. Investors of record on Thursday, April 3rd will be paid a dividend of GBX 0.58 ($0.01) per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a yield of 0.04%.
Insiders Place Their Bets
In related news, insider Mike Balfour acquired 7,000 shares of the business's stock in a transaction on Thursday, March 27th. The shares were purchased at an average price of GBX 1,456 ($18.81) per share, for a total transaction of £101,920 ($131,679.59). 2.69% of the stock is owned by company insiders.
About Smithson Investment Trust
(
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.
See Also
Before you consider Smithson Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Smithson Investment Trust wasn't on the list.
While Smithson Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
