Lindsell Train Investment Trust (LON:LTI) Reaches New 12-Month Low – Here’s What Happened

Lindsell Train Investment Trust Plc (LON:LTI) reached a new 52-week low on Monday . The stock traded as low as GBX 5.50 and last traded at GBX 5.94, with a volume of 95480 shares. The stock had previously closed at GBX 5.94.

Lindsell Train Investment Trust Stock Performance

The firm’s 50 day simple moving average is GBX 6.25 and its 200-day simple moving average is GBX 120.84. The company has a market capitalization of £1.22 million, a price-to-earnings ratio of -0.16 and a beta of 0.34.

Insider Transactions at Lindsell Train Investment Trust

In other Lindsell Train Investment Trust news, insider Michael Lindsell acquired 5,000 shares of the firm’s stock in a transaction on Monday, February 16th. The stock was purchased at an average cost of GBX 624 per share, for a total transaction of £31,200. Over the last three months, insiders bought 93,911 shares of company stock valued at $60,620,957. 7.34% of the stock is currently owned by corporate insiders.

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.