Lindsell Train Investment Trust (LON:LTI) Reaches New 1-Year Low – Here’s Why

Lindsell Train Investment Trust Plc (LON:LTI)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 6.50 and last traded at GBX 6.50, with a volume of 35461 shares changing hands. The stock had previously closed at GBX 6.74.

Lindsell Train Investment Trust Stock Down 3.6%

The business has a fifty day moving average of GBX 7.06 and a 200 day moving average of GBX 511.57. The firm has a market cap of £1.30 million, a P/E ratio of -0.29 and a beta of 0.56.

Lindsell Train Investment Trust (LON:LTI) last released its quarterly earnings data on Thursday, December 4th. The company reported GBX 19.50 earnings per share (EPS) for the quarter. Lindsell Train Investment Trust had a return on equity of 3.89% and a net margin of 82.49%.

Insider Buying and Selling at Lindsell Train Investment Trust

In related news, insider Michael Lindsell acquired 8,000 shares of the company’s stock in a transaction dated Monday, October 20th. The shares were bought at an average cost of GBX 730 per share, with a total value of £58,400. Also, insider Sian Hansen bought 1,400 shares of the business’s stock in a transaction dated Monday, October 13th. The shares were bought at an average price of GBX 734 per share, with a total value of £10,276. Over the last quarter, insiders acquired 19,400 shares of company stock worth $13,987,600. Corporate insiders own 6.72% of the company’s stock.

About Lindsell Train Investment Trust

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.