New Star Investment Trust (LON:NSI) Sets New 12-Month High – What’s Next?

New Star Investment Trust plc (LON:NSIGet Free Report) shares reached a new 52-week high on Thursday . The company traded as high as GBX 144 and last traded at GBX 140.85, with a volume of 19866 shares traded. The stock had previously closed at GBX 139.50.

New Star Investment Trust Stock Up 1.1%

The company’s 50 day moving average is GBX 136.40 and its 200 day moving average is GBX 130.53. The firm has a market capitalization of £100.14 million, a price-to-earnings ratio of 7.56 and a beta of 0.11.

About New Star Investment Trust

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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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