Lindsell Train Investment Trust (LON:LTI) Reaches New 52-Week Low – Here’s Why

Lindsell Train Investment Trust Plc (LON:LTI) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 5.36 and last traded at GBX 5.48, with a volume of 47551 shares traded. The stock had previously closed at GBX 5.60.

Lindsell Train Investment Trust Stock Down 2.1%

The firm has a 50 day moving average price of GBX 5.68 and a 200 day moving average price of GBX 5.83. The stock has a market cap of £1.10 million, a P/E ratio of -0.03 and a beta of 0.40.

Lindsell Train Investment Trust (LON:LTI) last announced its quarterly earnings data on Tuesday, June 9th. The company reported GBX 32.80 earnings per share (EPS) for the quarter. The company had revenue of GBX 817 million during the quarter. Lindsell Train Investment Trust had a negative return on equity of 24.37% and a net margin of 104.34%.

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.