New Star Investment Trust (LON:NSI) Trading Down 0.9% - Should You Sell?

Key Points

• New Star Investment Trust shares dropped by 0.9%, trading at GBX 110.04 ($1.48) with a notable decrease in trading volume, down 94% from the average daily volume.
• The company has a market capitalization of £83.87 million, a PE ratio of 5.71, and a beta of 0.30.
• New Star Investment Trust is a closed-ended balanced mutual fund managed by Brompton Asset Management, investing across various global financial markets.

New Star Investment Trust plc (LON:NSI - )'s share price was down 0.9% during trading on Tuesday . The stock traded as low as GBX 109.50 ($1.48) and last traded at GBX 110.04 ($1.48). Approximately 1,143 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 19,085 shares. The stock had previously closed at GBX 111 ($1.50).

New Star Investment Trust Trading Down 0.9%

The company has a market capitalization of £83.87 million, a PE ratio of 5.71 and a beta of 0.30. The business's 50-day simple moving average is GBX 111.21 and its 200-day simple moving average is GBX 108.67.

New Star Investment Trust Company Profile

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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