Lindsell Train Investment Trust (LON:LTI) Reaches New 1-Year Low – What’s Next?

Lindsell Train Investment Trust Plc (LON:LTI) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 700 ($8.82) and last traded at GBX 730 ($9.20), with a volume of 413 shares trading hands. The stock had previously closed at GBX 725 ($9.14).

Lindsell Train Investment Trust Price Performance

The firm has a market capitalization of £1.41 million, a P/E ratio of 33.64 and a beta of 0.56. The stock’s fifty day simple moving average is GBX 751.04 and its 200 day simple moving average is GBX 790.24.

Insider Transactions at Lindsell Train Investment Trust

In other Lindsell Train Investment Trust news, insider Michael Lindsell acquired 100 shares of the firm’s stock in a transaction dated Thursday, September 12th. The stock was purchased at an average price of £785.89 ($990.41) per share, for a total transaction of £78,589 ($99,040.96). Insiders have bought a total of 326 shares of company stock valued at $24,825,300 in the last 90 days. Insiders own 48.50% of the company’s stock.

Lindsell Train Investment Trust Company Profile

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.