Lindsell Train Investment Trust (LON:LTI) Sets New 1-Year High – Here’s Why

Lindsell Train Investment Trust Plc (LON:LTI)’s share price reached a new 52-week high on Wednesday . The company traded as high as GBX 890 ($11.23) and last traded at GBX 877.54 ($11.07), with a volume of 567 shares traded. The stock had previously closed at GBX 862 ($10.87).

Lindsell Train Investment Trust Price Performance

The stock’s fifty day simple moving average is GBX 812.24 and its 200-day simple moving average is GBX 778.05. The company has a market capitalization of £175.70 million, a P/E ratio of 22.77 and a beta of 0.56.

Lindsell Train Investment Trust (LON:LTI) last posted its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 2,484 ($31.34) 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 Transactions at Lindsell Train Investment Trust

In other news, insider Michael Lindsell bought 40 shares of Lindsell Train Investment Trust stock in a transaction that occurred on Tuesday, December 10th. The stock was purchased at an average cost of £734.44 ($926.50) per share, with a total value of £29,377.60 ($37,060.17). In the last 90 days, insiders have purchased 340 shares of company stock worth $27,414,885. 48.50% of the stock is currently 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.