New Star Investment Trust (LON:NSI) Shares Down 2.2% – Should You Sell?

New Star Investment Trust plc (LON:NSIGet Free Report)’s share price was down 2.2% during mid-day trading on Friday . The stock traded as low as GBX 134.90 and last traded at GBX 134.90. 15,186 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 21,908 shares. The stock had previously closed at GBX 138.

New Star Investment Trust Stock Performance

The company has a market cap of £95.81 million, a price-to-earnings ratio of 7.24 and a beta of 0.08. The business’s 50 day moving average price is GBX 134.54 and its 200-day moving average price is GBX 129.43.

New Star Investment Trust Company Profile

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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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