Smithson Investment Trust (LON:SSON) Issues Earnings Results

Smithson Investment Trust (LON:SSON) announced its quarterly earnings results on Monday. The company reported GBX 3.97 EPS for the quarter, Digital Look Earnings reports. Smithson Investment Trust had a negative return on equity of 2.13% and a net margin of 317.04%.

Smithson Investment Trust Trading Down 0.7%

Shares of Smithson Investment Trust stock opened at GBX 1,491.01 on Monday. The stock has a market capitalization of £1.60 billion and a price-to-earnings ratio of 26.07. Smithson Investment Trust has a 1-year low of GBX 1,224 and a 1-year high of GBX 1,644. The firm’s 50-day moving average price is GBX 1,564.18 and its two-hundred day moving average price is GBX 1,538.20.

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. The fund is managed by Fundsmith LLP.

The Smithson investment strategy is a simple three step process:

1. Buy good companies.