Lindsell Train Investment Trust Plc (LON:LTI – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 5.85 and traded as high as GBX 5.86. Lindsell Train Investment Trust shares last traded at GBX 5.86, with a volume of 45,575 shares changing hands.
Lindsell Train Investment Trust Stock Performance
The company has a market capitalization of £1.17 million, a price-to-earnings ratio of -0.03 and a beta of 0.40. The business’s 50 day moving average price is GBX 5.72 and its two-hundred day moving average price is GBX 5.85.
Insider Transactions at Lindsell Train Investment Trust
In other Lindsell Train Investment Trust news, insider Michael Lindsell purchased 10,000 shares of the company’s stock in a transaction on Monday, September 14th. The shares were purchased at an average cost of GBX 580 per share, for a total transaction of £58,000. 7.39% of the stock is currently owned by 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.
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