Smithson Investment Trust (LON:SSON) Reaches New 1-Year Low – Here’s Why

Shares of Smithson Investment Trust PLC (LON:SSONGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as GBX 1,152.50 ($15.48) and last traded at GBX 1,552.50 ($20.85), with a volume of 112559 shares. The stock had previously closed at GBX 1,550 ($20.82).

Smithson Investment Trust Trading Up 0.1%

The firm has a 50-day moving average of GBX 1,508.65 and a two-hundred day moving average of GBX 1,475.65. The firm has a market capitalization of £1.71 billion and a PE ratio of 2,713.76.

Smithson Investment Trust (LON:SSONGet Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported GBX 4.46 earnings per share for the quarter. Smithson Investment Trust had a negative return on equity of 2.13% and a net margin of 317.04%.

Smithson Investment Trust Company Profile

(Get Free Report)

Smithson aims to provide its shareholders with a similar investment experience to the Fundsmith Equity Fund, being a superior risk-adjusted return over the long term, but by investing in a group of global small and mid capitalisation listed companies with a market cap of £500m to £15bn, which we believe can compound in value over many years, if not decades, hence the name, Smithson.

Further Reading

Receive News & Ratings for Smithson Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smithson Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.