Smithson Investment Trust (LON:SSON) Reaches New 52-Week High – Here’s Why

Smithson Investment Trust PLC (LON:SSONGet Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as GBX 1,562.13 ($19.63) and last traded at GBX 1,562 ($19.63), with a volume of 111742 shares changing hands. The stock had previously closed at GBX 1,552 ($19.50).

Smithson Investment Trust Stock Up 0.4 %

The firm has a market cap of £1.99 billion and a P/E ratio of -46.55. The business has a fifty day simple moving average of GBX 1,498.68 and a 200-day simple moving average of GBX 1,459.84.

Smithson Investment Trust Company Profile

(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.

Further Reading

Receive News & Ratings for Smithson Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smithson Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.