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Smithson Investment Trust (LON:SSON) Shares Down 0.6% - Here's What Happened

Smithson Investment Trust logo with Financial Services background

Key Points

  • Smithson Investment Trust's shares declined by 0.6%, closing at GBX 1,526 ($20.62) after trading as low as GBX 1,524 ($20.60).
  • The company's market capitalization is £1.70 billion with a particularly high PE ratio of 2,668.30.
  • In its latest earnings report, Smithson posted earnings of GBX 4.46 EPS and has a net margin of 317.04%.
  • Five stocks to consider instead of Smithson Investment Trust.

Smithson Investment Trust PLC (LON:SSON - Get Free Report)'s stock price traded down 0.6% during mid-day trading on Monday . The stock traded as low as GBX 1,524 ($20.60) and last traded at GBX 1,526 ($20.62). 346,056 shares traded hands during trading, a decline of 16% from the average session volume of 412,470 shares. The stock had previously closed at GBX 1,535.74 ($20.76).

Smithson Investment Trust Stock Down 0.6%

The stock has a market cap of £1.70 billion and a PE ratio of 2,668.30. The firm has a 50-day simple moving average of GBX 1,508.83 and a 200-day simple moving average of GBX 1,471.05.

Smithson Investment Trust (LON:SSON - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported GBX 4.46 earnings per share (EPS) for the quarter. Smithson Investment Trust had a negative return on equity of 2.13% and a net margin of 317.04%.

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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