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Lindsell Train Investment Trust (LON:LTI) Trading Down 1.7% - Time to Sell?

Lindsell Train Investment Trust logo with Financial Services background

Lindsell Train Investment Trust Plc (LON:LTI - Get Free Report) dropped 1.7% during trading on Friday . The stock traded as low as GBX 810 ($10.97) and last traded at GBX 824 ($11.16). Approximately 149 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 298 shares. The stock had previously closed at GBX 838 ($11.35).

Lindsell Train Investment Trust Stock Down 1.6%

The company has a market cap of £163.38 million, a P/E ratio of 21.18 and a beta of 0.56. The business has a 50-day moving average price of GBX 804.66 and a two-hundred day moving average price of GBX 803.50.

Insider Buying and Selling

In other Lindsell Train Investment Trust news, insider Michael Lindsell bought 25 shares of the stock in a transaction on Thursday, April 10th. The stock was purchased at an average price of £778.69 ($1,054.85) per share, with a total value of £19,467.25 ($26,371.24). Insiders bought a total of 175 shares of company stock worth $14,371,975 over the last three months. 48.50% of the stock is currently owned by company insiders.

About Lindsell Train Investment Trust

(Get Free Report)

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.

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