Lindsell Train Investment Trust (LON:LTI) Reaches New 1-Year Low – Time to Sell?

Lindsell Train Investment Trust Plc (LON:LTIGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 6.50 and last traded at GBX 6.50, with a volume of 35461 shares changing hands. The stock had previously closed at GBX 6.74.

Lindsell Train Investment Trust Price Performance

The stock has a market capitalization of £1.35 million, a price-to-earnings ratio of -0.30 and a beta of 0.56. The stock’s 50 day simple moving average is GBX 7.02 and its 200-day simple moving average is GBX 496.58.

Lindsell Train Investment Trust (LON:LTIGet Free Report) last released its quarterly earnings results on Thursday, December 4th. The company reported GBX 19.50 earnings per share (EPS) for the quarter. Lindsell Train Investment Trust had a return on equity of 3.89% and a net margin of 82.49%.

Insider Transactions at Lindsell Train Investment Trust

In other Lindsell Train Investment Trust news, insider Michael Lindsell acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was acquired at an average price of GBX 750 per share, with a total value of £75,000. Also, insider Sian Hansen bought 1,400 shares of the stock in a transaction on Monday, October 13th. The stock was acquired at an average cost of GBX 734 per share, for a total transaction of £10,276. Insiders have acquired 29,400 shares of company stock valued at $21,487,600 over the last 90 days. Corporate insiders own 6.72% of the company’s stock.

Lindsell Train Investment Trust Company Profile

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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.

Further Reading

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