Smithson Investment Trust (LON:SSON) Hits New 12-Month High – Still a Buy?

Smithson Investment Trust PLC (LON:SSONGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 1,638 and last traded at GBX 1,629.34, with a volume of 2739664 shares trading hands. The stock had previously closed at GBX 1,528.

Smithson Investment Trust Price Performance

The stock has a 50-day moving average price of GBX 1,525.16 and a 200-day moving average price of GBX 1,505.24. The company has a market capitalization of £1.78 billion and a price-to-earnings ratio of 28.70.

About Smithson Investment Trust

(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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