New Star Investment Trust (LON:NSI) Trading Down 0.1% - Here's Why

Key Points

• New Star Investment Trust's shares fell by 0.1%, trading at GBX 109 ($1.47) with only 206 shares traded — a significant drop from its average volume of 19,192 shares.
• The company's market capitalization stands at £77.42 million, with a remarkably high price-to-earnings ratio of 695.15.
• New Star Investment Trust is a closed-ended balanced mutual fund managed by Brompton Asset Management, investing in various markets including equities, bonds, and commodities.

Shares of New Star Investment Trust plc (LON:NSI - ) dropped 0.1% during trading on Tuesday . The stock traded as low as GBX 109 ($1.47) and last traded at GBX 109 ($1.47). Approximately 206 shares were traded during trading, a decline of 99% from the average daily volume of 19,192 shares. The stock had previously closed at GBX 109.07 ($1.48).

New Star Investment Trust Price Performance

The stock has a market cap of £77.42 million, a price-to-earnings ratio of 695.15 and a beta of 0.30. The firm's 50-day moving average is GBX 111.94 and its 200 day moving average is GBX 108.77.

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.

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