Lindsell Train Investment Trust (LON:LTI) Hits New 1-Year Low – Here’s What Happened

Lindsell Train Investment Trust Plc (LON:LTI) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 5.88 and last traded at GBX 5.94, with a volume of 85835 shares traded. The stock had previously closed at GBX 6.10.

Lindsell Train Investment Trust Trading Down 2.6%

The company has a market capitalization of £1.19 million, a P/E ratio of -0.16 and a beta of 0.56. The firm’s 50 day moving average price is GBX 6.37 and its two-hundred day moving average price is GBX 183.19.

Lindsell Train Investment Trust (LON:LTI) last released its quarterly earnings results on Thursday, December 4th. The company reported GBX 19.50 EPS for the quarter. Lindsell Train Investment Trust had a return on equity of 3.89% and a net margin of 82.49%.

Insider Buying and Selling at Lindsell Train Investment Trust

In related news, insider Michael Lindsell bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 16th. The stock was bought at an average cost of GBX 624 per share, for a total transaction of £31,200. In the last 90 days, insiders have acquired 103,911 shares of company stock worth $68,120,957. Company insiders own 7.29% of the company’s stock.

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.