New Star Investment Trust (LON:NSI) Trading Down 0.5% – Time to Sell?

New Star Investment Trust plc (LON:NSIGet Free Report) shares fell 0.5% during mid-day trading on Friday . The stock traded as low as GBX 107.01 ($1.33) and last traded at GBX 107.01 ($1.33). 14,011 shares traded hands during trading, an increase of 30% from the average session volume of 10,755 shares. The stock had previously closed at GBX 107.50 ($1.34).

New Star Investment Trust Trading Down 0.5 %

The firm has a fifty day simple moving average of GBX 107.05 and a 200 day simple moving average of GBX 111.34. The stock has a market cap of £76.00 million, a price-to-earnings ratio of 2,140.20 and a beta of 0.30.

New Star Investment Trust Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 14th were given a GBX 1.70 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a yield of 1.61%. New Star Investment Trust’s dividend payout ratio (DPR) is currently 6,000.00%.

New Star Investment Trust Company Profile

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New Star Investment Trust plc is a closed ended balanced mutual fund of funds launched and managed by Brompton Asset Management LLP. The fund invests in funds which invest in the public equity markets across the globe. It primarily invests in equity, bond, commodity, real estate, currency, pooled investment vehicles, exchange traded funds, futures, options, and limited partnerships.

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