Shares of New Star Investment Trust plc (LON:NSI - Get Free Report) rose 3% during trading on Monday . The company traded as high as GBX 106 ($1.43) and last traded at GBX 104 ($1.40). Approximately 38,720 shares were traded during trading, an increase of 69% from the average daily volume of 22,924 shares. The stock had previously closed at GBX 101 ($1.36).
New Star Investment Trust Price Performance
The stock's 50-day simple moving average is GBX 104.61 and its 200 day simple moving average is GBX 107.62. The stock has a market capitalization of £78.50 million, a P/E ratio of 5.35 and a beta of 0.30.
New Star Investment Trust (LON:NSI - Get Free Report) last announced its earnings results on Monday, March 24th. The company reported GBX 4.05 ($0.05) earnings per share (EPS) for the quarter. New Star Investment Trust had a net margin of 92.75% and a return on equity of 11.02%.
New Star Investment Trust Announces Dividend
The firm also recently announced a dividend, which was paid on Tuesday, April 29th. Stockholders of record on Thursday, April 3rd were given a GBX 1.70 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a dividend yield of 1.56%. New Star Investment Trust's payout ratio is presently 15.57%.
About New Star Investment Trust
(
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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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