Lindsell Train Investment Trust (LON:LTI) Shares Down 0.9%

Lindsell Train Investment Trust Plc (LON:LTI)’s stock price fell 0.9% on Wednesday . The stock traded as low as GBX 770 ($10.07) and last traded at GBX 774 ($10.12). 223 shares traded hands during trading, a decline of 37% from the average session volume of 356 shares. The stock had previously closed at GBX 781 ($10.21).

Lindsell Train Investment Trust Stock Performance

The company has a market cap of £1.54 million, a price-to-earnings ratio of 36.48 and a beta of 0.58. The company’s 50 day moving average price is GBX 801.36 and its 200-day moving average price is GBX 807.01.

Insider Activity

In other news, insider Michael Lindsell bought 50 shares of the business’s stock in a transaction on Friday, August 9th. The shares were bought at an average cost of £775.16 ($1,013.68) per share, with a total value of £38,758 ($50,683.93). In the last 90 days, insiders purchased 250 shares of company stock worth $19,815,100. Insiders own 48.42% of the company’s stock.

About Lindsell Train Investment Trust

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.