Shares of New Star Investment Trust plc (LON:NSI – Get Free Report) traded down 2.2% during trading on Thursday. The stock traded as low as GBX 137 and last traded at GBX 139.91. 7,584 shares traded hands during trading, a decline of 67% from the average session volume of 22,870 shares. The stock had previously closed at GBX 143.
New Star Investment Trust Trading Down 2.2%
The firm has a market capitalization of £99.37 million, a price-to-earnings ratio of 7.51 and a beta of 0.12. The stock has a fifty day moving average of GBX 140.23 and a 200-day moving average of GBX 134.53.
About New Star Investment Trust
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.
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