Smithson Investment Trust (LON:SSON) Trading 1.6% Higher – What’s Next?

Smithson Investment Trust PLC (LON:SSONGet Free Report)’s stock price shot up 1.6% during trading on Friday . The stock traded as high as GBX 1,482.15 ($18.58) and last traded at GBX 1,480 ($18.55). 378,897 shares were traded during mid-day trading, a decline of 24% from the average session volume of 501,181 shares. The stock had previously closed at GBX 1,456 ($18.25).

Smithson Investment Trust Price Performance

The stock has a market cap of £2.40 billion and a P/E ratio of 651.98. The company’s 50 day simple moving average is GBX 1,430.84 and its 200 day simple moving average is GBX 1,416.16.

About Smithson Investment Trust

(Get Free Report)

Smithson Investment Trust plc is a closed ended equity fund launched and managed by Fundsmith LLP. The fund invests public equity markets of United Kingdom. It invest in shares issued by small and mid sized companies with a market capitalization between £500 million to £15 billion. Smithson Investment Trust plc was formed on 19 October 2018 is domiciled in the United Kingdom.

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