Lindsell Train Investment Trust (LON:LTI) Hits New 52-Week Low – What’s Next?

Lindsell Train Investment Trust Plc (LON:LTI)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 5.50 and last traded at GBX 5.50, with a volume of 57379 shares. The stock had previously closed at GBX 5.62.

Lindsell Train Investment Trust Trading Down 2.1%

The stock has a market capitalization of £1.10 million, a P/E ratio of -0.15 and a beta of 0.34. The business has a 50-day moving average price of GBX 6.11 and a two-hundred day moving average price of GBX 46.92.

Insiders Place Their Bets

In other Lindsell Train Investment Trust news, insider Michael Lindsell bought 5,000 shares of Lindsell Train Investment Trust stock in a transaction on Wednesday, March 11th. The shares were purchased at an average price of GBX 600 per share, with a total value of £30,000. Insiders acquired 60,591 shares of company stock worth $38,175,512 in the last three months. 7.34% of the stock is 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.