New Star Investment Trust (LON:NSI) Issues Earnings Results

New Star Investment Trust (LON:NSI) announced its earnings results on Monday. The company reported GBX 4.25 earnings per share for the quarter, Digital Look Earnings reports. New Star Investment Trust had a return on equity of 11.02% and a net margin of 92.75%.

New Star Investment Trust Trading Up 0.8%

New Star Investment Trust stock opened at GBX 121.54 on Tuesday. The business’s 50 day simple moving average is GBX 115.18 and its 200 day simple moving average is GBX 110.77. New Star Investment Trust has a 12 month low of GBX 96 and a 12 month high of GBX 126. The company has a market cap of £86.32 million, a price-to-earnings ratio of 7.75 and a beta of 0.30.

Insider Buying and Selling at New Star Investment Trust

In other news, insider John L. Duffield purchased 545,000 shares of the business’s stock in a transaction dated Wednesday, September 10th. The stock was bought at an average price of GBX 116 per share, for a total transaction of £632,200. Insiders own 63.15% of the company’s stock.

About New Star Investment Trust

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.