Lindsell Train Investment Trust Plc (LON:LTI – Get Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 800.91 ($10.06) and traded as low as GBX 791.60 ($9.94). Lindsell Train Investment Trust shares last traded at GBX 799 ($10.04), with a volume of 103 shares.
Lindsell Train Investment Trust Price Performance
The firm has a 50-day simple moving average of GBX 800.91 and a two-hundred day simple moving average of GBX 837.02. The company has a market cap of £1.60 million, a PE ratio of -87.32 and a beta of 0.55.
Insiders Place Their Bets
In related news, insider Michael Lindsell purchased 50 shares of the company’s stock in a transaction on Monday, April 22nd. The stock was bought at an average price of £802.03 ($1,007.45) per share, with a total value of £40,101.50 ($50,372.44). Over the last 90 days, insiders purchased 617 shares of company stock valued at $46,329,250. Corporate insiders own 37.12% 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.
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