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Smithson Investment Trust (LON:SSON) Releases Quarterly Earnings Results

Smithson Investment Trust logo with Financial Services background

Key Points

  • Smithson Investment Trust reported quarterly earnings of GBX 4.46 ($0.06) per share, with a negative return on equity of 2.13% and a net margin of 317.04%.
  • The stock opened at GBX 1,504 ($20.23) on Friday, with a market cap of £1.92 billion and a price-to-earnings ratio of -44.93.
  • Smithson aims to provide its shareholders with superior risk-adjusted returns by investing in global small and mid-cap companies with market capitalizations between £500 million and £15 billion.
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Smithson Investment Trust (LON:SSON - Get Free Report) issued its earnings results on Wednesday. The company reported GBX 4.46 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Smithson Investment Trust had a negative return on equity of 2.13% and a net margin of 317.04%.

Smithson Investment Trust Trading Down 0.4%

Shares of Smithson Investment Trust stock traded down GBX 6 ($0.08) during trading hours on Tuesday, reaching GBX 1,488 ($19.99). The stock had a trading volume of 250,646 shares, compared to its average volume of 388,792. The firm has a market capitalization of £1.90 billion and a PE ratio of -44.45. The stock's 50 day moving average is GBX 1,508.96 and its 200 day moving average is GBX 1,480.27. Smithson Investment Trust has a twelve month low of GBX 1,224 ($16.44) and a twelve month high of GBX 1,575.04 ($21.16).

About Smithson Investment Trust

(Get Free Report)

Smithson aims to provide its shareholders with a similar investment experience to the Fundsmith Equity Fund, being a superior risk-adjusted return over the long term, but by investing in a group of global small and mid capitalisation listed companies with a market cap of £500m to £15bn, which we believe can compound in value over many years, if not decades, hence the name, Smithson.

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