New Star Investment Trust (LON:NSI) Hits New 12-Month High – What’s Next?

New Star Investment Trust plc (LON:NSI)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 141 and last traded at GBX 138, with a volume of 137487 shares traded. The stock had previously closed at GBX 135.20.

New Star Investment Trust Stock Up 1.0%

The stock has a 50-day simple moving average of GBX 129.07 and a 200-day simple moving average of GBX 126.72. The firm has a market capitalization of £96.49 million, a PE ratio of 7.29 and a beta of 0.11.

New Star Investment Trust (LON:NSI) last released its earnings results on Friday, March 20th. The company reported GBX 2.54 earnings per share (EPS) for the quarter. New Star Investment Trust had a return on equity of 10.51% and a net margin of 1,605.21%.

New Star Investment Trust Company Profile

New Star Investment Trust plc is a closed ended balanced mutual fund of funds launched and managed by Brompton Asset Management LLP. The fund invests in funds which invest in the public equity markets across the globe. It primarily invests in equity, bond, commodity, real estate, currency, pooled investment vehicles, exchange traded funds, futures, options, and limited partnerships. The fund seeks to invest in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the FTSE All-Share Total Return Index.