New Star Investment Trust (LON:NSI) Stock Price Down 2.2% – Should You Sell?

New Star Investment Trust plc (LON:NSIGet Free Report)’s stock price traded down 2.2% during trading on Friday . The stock traded as low as GBX 134.90 and last traded at GBX 134.90. 15,186 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 21,908 shares. The stock had previously closed at GBX 138.

New Star Investment Trust Stock Down 2.2%

The stock has a market capitalization of £95.81 million, a price-to-earnings ratio of 7.24 and a beta of 0.08. The stock’s 50-day simple moving average is GBX 134.54 and its 200 day simple moving average is GBX 129.43.

About New Star Investment Trust

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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.

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