Lindsell Train Investment Trust (LON:LTI) Trading Up 0.6% – What’s Next?

Shares of Lindsell Train Investment Trust Plc (LON:LTI) rose 0.6% during mid-day trading on Wednesday . The stock traded as high as GBX 6.50 and last traded at GBX 6.50. Approximately 26,594 shares traded hands during trading, a decline of 21% from the average daily volume of 33,720 shares. The stock had previously closed at GBX 6.46.

Lindsell Train Investment Trust Price Performance

The firm has a market cap of £1.30 million, a PE ratio of -0.17 and a beta of 0.56. The stock has a 50-day moving average price of GBX 6.73 and a 200 day moving average price of GBX 373.46.

Lindsell Train Investment Trust (LON:LTI) last issued 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 Activity

In related news, insider Michael Lindsell bought 2,000 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was purchased at an average cost of GBX 662 per share, for a total transaction of £13,240. Insiders have purchased 67,720 shares of company stock valued at $46,933,045 over the last 90 days. 6.72% of the stock is currently owned by company insiders.

About Lindsell Train Investment Trust

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. It benchmarks the performance of its portfolio against the 2.5% Consolidated Loan Stock and MSCI World Index.