Lindsell Train Investment Trust (LON:LTI) Sets New 1-Year Low – What’s Next?

Lindsell Train Investment Trust Plc (LON:LTI)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 6.14 and last traded at GBX 6.14, with a volume of 51920 shares changing hands. The stock had previously closed at GBX 6.50.

Lindsell Train Investment Trust Stock Performance

The firm’s 50-day moving average is GBX 6.53 and its two-hundred day moving average is GBX 272.69. The stock has a market cap of £1.23 million, a P/E ratio of -0.16 and a beta of 0.56.

Lindsell Train Investment Trust (LON:LTI) last released its earnings results on Thursday, December 4th. The company reported GBX 19.50 earnings per share 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 other Lindsell Train Investment Trust news, insider Michael Lindsell purchased 23,591 shares of the stock in a transaction dated Wednesday, January 21st. The stock was bought at an average price of GBX 632 per share, for a total transaction of £149,095.12. Over the last 90 days, insiders have bought 93,911 shares of company stock valued at $61,945,957. 6.72% of the stock is currently owned by company insiders.

Lindsell Train Investment Trust Company Profile

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.