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New Star Investment Trust (LON:NSI) Shares Down 4.8% - Here's Why

New Star Investment Trust logo with Financial Services background

New Star Investment Trust plc (LON:NSI - Get Free Report)'s share price was down 4.8% during trading on Monday . The company traded as low as GBX 110 ($1.50) and last traded at GBX 110 ($1.50). Approximately 15,000 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 20,354 shares. The stock had previously closed at GBX 115.56 ($1.57).

New Star Investment Trust Stock Down 4.8%

The business has a 50 day simple moving average of GBX 106.53 and a 200 day simple moving average of GBX 107.94. The company has a market capitalization of £83.84 million, a PE ratio of 5.71 and a beta of 0.30.

About New Star Investment Trust

(Get Free Report)

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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