Lindsell Train Investment Trust (LON:LTI) Hits New 52-Week Low – What’s Next?

Lindsell Train Investment Trust Plc (LON:LTI) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 5.50 and last traded at GBX 5.66, with a volume of 33818 shares trading hands. The stock had previously closed at GBX 5.90.

Lindsell Train Investment Trust Price Performance

The stock has a market capitalization of £1.20 million, a price-to-earnings ratio of -0.16 and a beta of 0.63. The stock’s 50 day simple moving average is GBX 5.93 and its 200-day simple moving average is GBX 6.33.

Insider Transactions at Lindsell Train Investment Trust

In other Lindsell Train Investment Trust news, insider Michael Lindsell bought 5,000 shares of Lindsell Train Investment Trust stock in a transaction on Wednesday, March 11th. The stock was purchased at an average cost of GBX 600 per share, for a total transaction of £30,000. 7.34% of the stock is owned by company insiders.

About Lindsell Train Investment Trust

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. It benchmarks the performance of its portfolio against the 2.5% Consolidated Loan Stock and MSCI World Index.