New Star Investment Trust (LON:NSI - Get Free Report) shot up 3.5% during trading on Friday . The company traded as high as GBX 120 ($1.52) and last traded at GBX 119 ($1.51). 10,092 shares traded hands during mid-day trading, an increase of 6% from the average session volume of 9,495 shares. The stock had previously closed at GBX 115 ($1.46).
New Star Investment Trust Stock Performance
The stock has a market capitalization of £84.51 million, a PE ratio of 2,380.00 and a beta of 0.30. The company's fifty day simple moving average is GBX 117.11 and its two-hundred day simple moving average is GBX 113.95.
New Star Investment Trust Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 28th will be paid a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a dividend yield of 1.45%. New Star Investment Trust's dividend payout ratio (DPR) is 6,000.00%.
New Star Investment Trust Company Profile
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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.
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