Lindsell Train Investment Trust (LON:LTI) Sets New 12-Month High – Time to Buy?

Lindsell Train Investment Trust Plc (LON:LTI)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 890 ($11.05) and last traded at GBX 842 ($10.46), with a volume of 407 shares. The stock had previously closed at GBX 845 ($10.49).

Lindsell Train Investment Trust Trading Down 0.4 %

The company’s 50-day simple moving average is GBX 781.64 and its 200 day simple moving average is GBX 775.98. The stock has a market cap of £1.68 million, a P/E ratio of 40.11 and a beta of 0.56.

Lindsell Train Investment Trust (LON:LTI) last posted its earnings results on Tuesday, December 3rd. The company reported GBX 2,484 ($30.85) EPS for the quarter. Lindsell Train Investment Trust had a net margin of 70.02% and a return on equity of 2.01%.

Insider Buying and Selling

In other Lindsell Train Investment Trust news, insider Michael Lindsell acquired 40 shares of Lindsell Train Investment Trust stock in a transaction that occurred on Tuesday, December 10th. The stock was acquired at an average cost of £734.44 ($912.12) per share, for a total transaction of £29,377.60 ($36,484.85). In the last quarter, insiders have purchased 240 shares of company stock valued at $18,865,410. 48.50% of the stock is owned by company insiders.

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.