Lindsell Train Investment Trust (LON:LTI) Shares Down 0.2% - Here's Why

Lindsell Train Investment Trust Plc (LON:LTI - Get Free Report)'s stock price was down 0.2% during trading on Tuesday . The stock traded as low as GBX 837.11 ($11.24) and last traded at GBX 844 ($11.33). Approximately 176 shares were traded during trading, a decline of 42% from the average daily volume of 302 shares. The stock had previously closed at GBX 846 ($11.36).

Lindsell Train Investment Trust Stock Performance

The company has a market capitalization of £171.79 million, a PE ratio of 22.27 and a beta of 0.56. The company has a 50 day simple moving average of GBX 832.83 and a 200 day simple moving average of GBX 823.30.

Lindsell Train Investment Trust (LON:LTI - Get Free Report) last released its quarterly earnings data on Friday, June 13th. The company reported GBX 4,283 ($57.49) 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

In other Lindsell Train Investment Trust news, insider Michael Lindsell acquired 50 shares of the firm's stock in a transaction that occurred on Thursday, July 17th. The shares were purchased at an average cost of £847.60 ($1,137.72) per share, for a total transaction of £42,380 ($56,885.91). Insiders purchased 150 shares of company stock valued at $12,473,500 in the last 90 days. Corporate 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.