Lindsell Train Investment Trust (LON:LTI) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Lindsell Train Investment Trust Plc (LON:LTI)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 840.33 ($10.88) and traded as low as GBX 808.03 ($10.46). Lindsell Train Investment Trust shares last traded at GBX 812.20 ($10.52), with a volume of 169 shares traded.

Lindsell Train Investment Trust Trading Down 0.7 %

The company has a 50 day moving average of GBX 840.33 and a 200 day moving average of GBX 786.34. The firm has a market cap of £162.62 million, a price-to-earnings ratio of 21.08 and a beta of 0.56.

Insider Buying and Selling at Lindsell Train Investment Trust

In other news, insider Michael Lindsell acquired 50 shares of the company’s stock in a transaction dated Friday, January 17th. The stock was bought at an average price of £817.53 ($1,058.43) per share, with a total value of £40,876.50 ($52,921.41). Over the last three months, insiders purchased 350 shares of company stock valued at $29,062,125. 48.50% of the stock is currently owned by company 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.