Lindsell Train Investment Trust Plc (LON:LTI – Get Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as GBX 5.50 and last traded at GBX 5.66, with a volume of 33818 shares changing hands. The stock had previously closed at GBX 5.90.
Lindsell Train Investment Trust Stock Down 4.1%
The firm has a market cap of £1.13 million, a P/E ratio of -0.15 and a beta of 0.63. The firm’s 50-day simple moving average is GBX 5.93 and its 200 day simple moving average is GBX 6.34.
Insider Buying and Selling
In related news, insider Michael Lindsell acquired 5,000 shares of the stock in a transaction on Wednesday, March 11th. The shares were acquired at an average price of GBX 600 per share, with a total value of £30,000. Insiders have bought a total of 15,000 shares of company stock valued at $9,175,000 over the last 90 days. Insiders own 7.34% of the company’s stock.
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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