New Star Investment Trust (LON:NSI) Reaches New 52-Week High – Here’s Why

New Star Investment Trust plc (LON:NSIGet Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 129 and last traded at GBX 129, with a volume of 13724 shares traded. The stock had previously closed at GBX 127.

New Star Investment Trust Price Performance

The firm has a market cap of £91.62 million, a PE ratio of 31.93 and a beta of 0.30. The company has a 50-day simple moving average of GBX 122.69 and a 200-day simple moving average of GBX 116.55.

New Star Investment Trust (LON:NSIGet Free Report) last issued its quarterly earnings results on Monday, November 3rd. The company reported GBX 4.25 earnings per share for the quarter. New Star Investment Trust had a return on equity of 11.02% and a net margin of 92.75%.

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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