Smithson Investment Trust (LON:SSON) Hits New 1-Year High – What’s Next?

Smithson Investment Trust PLC (LON:SSONGet Free Report) shares reached a new 52-week high on Friday . The stock traded as high as GBX 1,562.13 ($19.66) and last traded at GBX 1,562 ($19.66), with a volume of 111742 shares traded. The stock had previously closed at GBX 1,552 ($19.53).

Smithson Investment Trust Stock Up 0.6 %

The company’s fifty day simple moving average is GBX 1,499.56 and its two-hundred day simple moving average is GBX 1,460.55. The company has a market capitalization of £2.00 billion and a price-to-earnings ratio of -46.66.

Smithson Investment Trust Company Profile

(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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