Smithson Investment Trust (LON:SSON) Issues Quarterly Earnings Results

Smithson Investment Trust (LON:SSON) announced its earnings results on Thursday. The company reported GBX 3 ($0.04) EPS for the quarter, Digital Look Earnings reports. Smithson Investment Trust had a net margin of 317.04% and a negative return on equity of 2.13%.

Smithson Investment Trust Stock Performance

SSON stock traded down GBX 2 ($0.03) during midday trading on Thursday, reaching GBX 1,514 ($19.52). The stock had a trading volume of 1,058,399 shares, compared to its average volume of 380,934. The firm has a fifty day simple moving average of GBX 1,514.40 and a two-hundred day simple moving average of GBX 1,471.99. The stock has a market cap of £1.94 billion and a PE ratio of -45.23. Smithson Investment Trust has a 52-week low of GBX 1,340 ($17.27) and a 52-week high of GBX 1,575.04 ($20.30).

Smithson Investment Trust Company Profile

Smithson aims to provide its shareholders with a similar investment experience to the Fundsmith Equity Fund, being a superior risk-adjusted return over the long term, but by investing in a group of global small and mid capitalisation listed companies with a market cap of £500m to £15bn, which we believe can compound in value over many years, if not decades, hence the name, Smithson.