Lindsell Train Investment Trust (LON:LTI) Hits New 12-Month Low – What’s Next?

Lindsell Train Investment Trust Plc (LON:LTI) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 700 ($9.16) and last traded at GBX 738.99 ($9.67), with a volume of 678 shares traded. The stock had previously closed at GBX 744 ($9.74).

Lindsell Train Investment Trust Stock Down 0.7 %

The company has a market cap of £1.48 million, a price-to-earnings ratio of 35.21 and a beta of 0.56. The firm has a 50-day simple moving average of GBX 783.71 and a 200 day simple moving average of GBX 803.40.

Insider Buying and Selling at Lindsell Train Investment Trust

In other Lindsell Train Investment Trust news, insider Michael Lindsell purchased 50 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The shares were purchased at an average cost of £775.16 ($1,014.47) per share, for a total transaction of £38,758 ($50,723.73). In the last ninety days, insiders have purchased 200 shares of company stock worth $15,697,100. 48.50% of the stock is currently owned by insiders.

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.