Smithson Investment Trust PLC (LON:SSON - Get Free Report) shares shot up 1.5% on Tuesday . The stock traded as high as GBX 1,504 ($20.41) and last traded at GBX 1,498 ($20.33). 237,417 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 393,349 shares. The stock had previously closed at GBX 1,476 ($20.03).
Smithson Investment Trust Price Performance
The stock's 50 day simple moving average is GBX 1,419.90 and its two-hundred day simple moving average is GBX 1,471.25. The company has a market capitalization of £1.85 billion and a P/E ratio of -43.26.
Smithson Investment Trust (LON:SSON - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported GBX 3 ($0.04) earnings per share 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 Announces Dividend
The company also recently declared a dividend, which was paid on Friday, May 2nd. Stockholders of record on Thursday, April 3rd were paid a dividend of GBX 0.58 ($0.01) per share. This represents a dividend yield of 0.04%. The ex-dividend date of this dividend was Thursday, April 3rd.
Insider Activity at Smithson Investment Trust
In related news, insider Mike Balfour acquired 7,000 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The stock was acquired at an average cost of GBX 1,456 ($19.76) per share, with a total value of £101,920 ($138,290.37). 2.69% of the stock is owned by company insiders.
About Smithson Investment Trust
(
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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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