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

Lindsell Train Investment Trust Plc (LON:LTI)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 6.16 and last traded at GBX 6.36, with a volume of 100285 shares changing hands. The stock had previously closed at GBX 6.38.

Lindsell Train Investment Trust Price Performance

The business has a fifty day moving average of GBX 6.66 and a 200 day moving average of GBX 344.76. The stock has a market cap of £1.32 million, a price-to-earnings ratio of -0.17 and a beta of 0.56.

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

Insider Activity

In other Lindsell Train Investment Trust news, insider Michael Lindsell acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The stock was purchased at an average cost of GBX 649 per share, for a total transaction of £32,450. Over the last three months, insiders have acquired 78,320 shares of company stock valued at $52,876,445. 6.72% of the stock is currently owned by insiders.

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.