New Star Investment Trust (LON:NSI) Announces Quarterly Earnings Results

Key Points

• New Star Investment Trust reported quarterly earnings of GBX 2.54 per share, with a return on equity of 2.38% and a net margin of 24.60%.
• The stock traded flat at GBX 125 mid-day (8,955 shares), has a 12‑month range of GBX 96–133, a market cap of £88.78 million and a P/E of 30.94.
• NSI is a closed‑ended balanced fund managed by Brompton Asset Management that invests in a diversified mix of funds across equities, bonds, commodities and other instruments and benchmarks performance to the FTSE All‑Share Total Return Index.

New Star Investment Trust (LON:NSI - ) issued its quarterly earnings data on Friday. The company reported GBX 2.54 earnings per share for the quarter, Digital Look Earnings reports. New Star Investment Trust had a return on equity of 2.38% and a net margin of 24.60%.

New Star Investment Trust Stock Performance

New Star Investment Trust stock remained flat at GBX 125 during mid-day trading on Friday. 8,955 shares of the company's stock were exchanged, compared to its average volume of 16,821. New Star Investment Trust has a 12 month low of GBX 96 and a 12 month high of GBX 133. The firm has a market capitalization of £88.78 million, a P/E ratio of 30.94 and a beta of 0.18. The stock's fifty day simple moving average is GBX 127.22 and its two-hundred day simple moving average is GBX 122.15.

About New Star Investment Trust

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. The fund seeks to invest in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the FTSE All-Share Total Return Index.

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