Smithson Investment Trust (LON:SSON) Trading Up 0.3% - Still a Buy?

Key Points

• Smithson Investment Trust shares increased by 0.3%, trading at GBX 1,500 ($20.25) with a significantly higher trading volume of 530,255 shares, up 36% from the average.
• The company reported earnings per share (EPS) of GBX 4.46 for the quarter, with a notable net margin of 317.04% despite a negative return on equity of 2.13%.
• Smithson aims to offer superior long-term investment returns by focusing on global small and mid-cap companies, targeting those with market caps between £500m and £15bn.

Smithson Investment Trust PLC (LON:SSON - Get Free Report) traded up 0.3% during mid-day trading on Friday . The company traded as high as GBX 1,504.22 ($20.15) and last traded at GBX 1,500 ($20.09). 530,255 shares were traded during trading, an increase of 36% from the average session volume of 389,517 shares. The stock had previously closed at GBX 1,496 ($20.04).

Smithson Investment Trust Trading Up 0.3%

The stock's fifty day moving average price is GBX 1,512.15 and its 200-day moving average price is GBX 1,475.17. The firm has a market cap of £1.67 billion and a price-to-earnings ratio of -26,606.82.

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

Smithson Investment Trust Company Profile

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.