New Star Investment Trust (LON:NSI) Reaches New 12-Month High – Should You Buy?

New Star Investment Trust plc (LON:NSIGet Free Report) shares reached a new 52-week high on Friday . The company traded as high as GBX 132 and last traded at GBX 132, with a volume of 10720 shares. The stock had previously closed at GBX 127.50.

New Star Investment Trust Price Performance

The stock has a market capitalization of £93.75 million, a P/E ratio of 32.67 and a beta of 0.30. The business’s 50 day simple moving average is GBX 127.30 and its 200-day simple moving average is GBX 121.37.

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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