Smithson Investment Trust (LON:SSON) Stock Price Down 0.9% – What’s Next?

Smithson Investment Trust PLC (LON:SSON) shares were down 0.9% during mid-day trading on Thursday . The company traded as low as GBX 1,444.40 ($18.70) and last traded at GBX 1,450.88 ($18.78). Approximately 1,750,047 shares changed hands during trading, an increase of 298% from the average daily volume of 440,008 shares. The stock had previously closed at GBX 1,464 ($18.95).

Smithson Investment Trust Stock Down 0.9 %

The stock has a market capitalization of £1.85 billion and a PE ratio of -43.34. The stock’s 50 day moving average price is GBX 1,514.30 and its 200-day moving average price is GBX 1,473.51.

Smithson Investment Trust (LON:SSON) last issued its earnings results on Thursday, March 6th. The company reported GBX 3 ($0.04) EPS for the quarter. Smithson Investment Trust had a net margin of 317.04% and a negative return on equity of 2.13%.

Smithson Investment Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, April 3rd will be issued a dividend of GBX 0.58 ($0.01) per share. This represents a yield of 0.04%. The ex-dividend date is Thursday, April 3rd.

Smithson Investment Trust Company Profile

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.