Lindsell Train Investment Trust (LON:LTI) Reaches New 52-Week Low - Here's What Happened

Shares of Lindsell Train Investment Trust Plc (LON:LTI - Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 692 ($9.06) and last traded at GBX 760 ($9.95), with a volume of 786 shares traded. The stock had previously closed at GBX 755.73 ($9.89).

Lindsell Train Investment Trust Price Performance

The company has a market capitalization of £155.37 million, a PE ratio of 20.14 and a beta of 0.56. The business's 50 day simple moving average is GBX 823.14 and its 200 day simple moving average is GBX 785.51.

Insider Activity

In other Lindsell Train Investment Trust news, insider Michael Lindsell purchased 50 shares of the firm's stock in a transaction on Friday, January 17th. The stock was bought at an average price of £817.53 ($1,070.07) per share, with a total value of £40,876.50 ($53,503.27). In the last three months, insiders have purchased 375 shares of company stock valued at $31,008,850. Company insiders own 48.50% 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.