New Star Investment Trust (LON:NSI) Sets New 52-Week High – Should You Buy?

New Star Investment Trust plc (LON:NSI) reached a new 52-week high on Tuesday . The company traded as high as GBX 141 and last traded at GBX 138, with a volume of 137487 shares changing hands. The stock had previously closed at GBX 135.20.

New Star Investment Trust Stock Up 2.1%

The business has a fifty day simple moving average of GBX 128.62 and a two-hundred day simple moving average of GBX 126.56. The company has a market capitalization of £98.01 million, a price-to-earnings ratio of 7.40 and a beta of 0.11.

New Star Investment Trust (LON:NSI) last released its quarterly earnings data on Friday, March 20th. The company reported GBX 2.54 earnings per share for the quarter. New Star Investment Trust had a return on equity of 10.51% and a net margin of 1,605.21%.

New Star Investment Trust Company Profile

New Star Investment Trust plc is a closed ended balanced mutual fund of funds launched and managed by Brompton Asset Management LLP. The fund invests in funds which invest in the public equity markets across the globe. It primarily invests in equity, bond, commodity, real estate, currency, pooled investment vehicles, exchange traded funds, futures, options, and limited partnerships. The fund seeks to invest in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the FTSE All-Share Total Return Index.