New Star Investment Trust (LON:NSI) Reaches New 1-Year High – What’s Next?

Shares of New Star Investment Trust plc (LON:NSIGet Free Report) hit a new 52-week high on Thursday . The company traded as high as GBX 144 and last traded at GBX 144, with a volume of 50491 shares. The stock had previously closed at GBX 141.

New Star Investment Trust Trading Up 0.2%

The company’s 50-day moving average is GBX 138.52 and its 200 day moving average is GBX 131.84. The stock has a market capitalization of £100.34 million, a PE ratio of 7.58 and a beta of 0.12.

About New Star Investment Trust

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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. The fund seeks to invest in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the FTSE All-Share Total Return Index.

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