New Star Investment Trust (LON:NSI) Hits New 1-Year High – Should You Buy?

New Star Investment Trust plc (LON:NSIGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 141 and last traded at GBX 141, with a volume of 26424 shares trading hands. The stock had previously closed at GBX 138.

New Star Investment Trust Stock Up 2.2%

The firm has a market cap of £100.14 million, a PE ratio of 7.56 and a beta of 0.08. The firm has a 50 day moving average of GBX 134.54 and a 200 day moving average of GBX 129.46.

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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