Lindsell Train Investment Trust (LON:LTI) Stock Price Up 0.7% – Still a Buy?

Lindsell Train Investment Trust Plc (LON:LTI) shares traded up 0.7% on Tuesday. The stock traded as high as GBX 5.88 and last traded at GBX 5.84. 29,274 shares changed hands during trading, a decline of 38% from the average daily volume of 46,934 shares. The stock had previously closed at GBX 5.80.

Lindsell Train Investment Trust Stock Performance

The firm has a fifty day simple moving average of GBX 5.71 and a 200 day simple moving average of GBX 5.75. The stock has a market cap of £1.15 million, a price-to-earnings ratio of -0.03 and a beta of 0.40.

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 dated Monday, September 14th. The stock was bought at an average cost of GBX 579 per share, for a total transaction of £28,950. Company insiders own 7.39% of the company’s stock.

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.