Lindsell Train Investment Trust (LON:LTI) Releases Quarterly Earnings Results

Lindsell Train Investment Trust (LON:LTI - Get Free Report) released its earnings results on Friday. The company reported GBX 4,283 ($58.11) earnings per share for the quarter, Digital Look Earnings reports. Lindsell Train Investment Trust had a net margin of 82.49% and a return on equity of 3.89%.

Lindsell Train Investment Trust Stock Down 4.0%

Lindsell Train Investment Trust stock traded down GBX 34 ($0.46) during mid-day trading on Friday, hitting GBX 816 ($11.07). The company had a trading volume of 328 shares, compared to its average volume of 296. The stock has a market cap of £163.38 million, a price-to-earnings ratio of 21.18 and a beta of 0.56. Lindsell Train Investment Trust has a 1 year low of GBX 665.20 ($9.03) and a 1 year high of GBX 890 ($12.08). The business has a fifty day moving average of GBX 811.53 and a 200 day moving average of GBX 809.66.

Insider Buying and Selling at Lindsell Train Investment Trust

In related news, insider Michael Lindsell purchased 50 shares of the company's stock in a transaction on Monday, March 17th. The shares were bought at an average cost of £825 ($1,119.40) per share, for a total transaction of £41,250 ($55,970.15). Insiders have purchased 125 shares of company stock worth $10,221,975 over the last three months. Insiders own 48.50% of the company's stock.

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.