Lindsell Train Investment Trust (LON:LTI) Hits New 12-Month Low – Here’s What Happened

Lindsell Train Investment Trust Plc (LON:LTI)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 5.90 and last traded at GBX 6.14, with a volume of 67849 shares traded. The stock had previously closed at GBX 6.20.

Lindsell Train Investment Trust Trading Up 1.0%

The business has a fifty day moving average of GBX 6.41 and a 200-day moving average of GBX 226.94. The firm has a market cap of £1.24 million, a PE ratio of -0.16 and a beta of 0.56.

Lindsell Train Investment Trust (LON:LTI) last posted its earnings results on Thursday, December 4th. The company reported GBX 19.50 earnings per share for the quarter. Lindsell Train Investment Trust had a return on equity of 3.89% and a net margin of 82.49%.

Insider Buying and Selling

In other news, insider Michael Lindsell purchased 23,591 shares of Lindsell Train Investment Trust stock in a transaction dated Wednesday, January 21st. The stock was purchased at an average cost of GBX 632 per share, for a total transaction of £149,095.12. Over the last ninety days, insiders have acquired 98,911 shares of company stock valued at $65,000,957. 7.29% of the stock is 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. It benchmarks the performance of its portfolio against the 2.5% Consolidated Loan Stock and MSCI World Index.