New Star Investment Trust (LON:NSI) Trading Down 1.4% – Here’s Why

New Star Investment Trust plc (LON:NSIGet Free Report)’s stock price fell 1.4% during trading on Monday . The company traded as low as GBX 123 and last traded at GBX 124.26. 12,578 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 21,788 shares. The stock had previously closed at GBX 126.

New Star Investment Trust Trading Down 1.4%

The firm has a market capitalization of £88.25 million, a price-to-earnings ratio of 30.76 and a beta of 0.30. The stock’s fifty day moving average price is GBX 120.36 and its two-hundred day moving average price is GBX 114.77.

New Star Investment Trust (LON:NSIGet Free Report) last posted its earnings results on Monday, November 3rd. The company reported GBX 4.25 EPS for the quarter. New Star Investment Trust had a return on equity of 11.02% and a net margin of 92.75%.

New Star Investment Trust Company Profile

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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.

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