Smithson Investment Trust (LON:SSON) Sets New 12-Month High – Should You Buy?

Smithson Investment Trust PLC (LON:SSONGet Free Report) reached a new 52-week high during trading on Friday . The company traded as high as GBX 1,570.24 ($19.90) and last traded at GBX 1,560 ($19.77), with a volume of 215788 shares trading hands. The stock had previously closed at GBX 1,556 ($19.72).

Smithson Investment Trust Trading Up 0.3 %

The stock has a market capitalization of £1.99 billion and a P/E ratio of -46.60. The stock’s 50 day simple moving average is GBX 1,502.96 and its 200 day simple moving average is GBX 1,463.73.

About Smithson Investment Trust

(Get Free Report)

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.

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