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Smithson Investment Trust (LON:SSON) Stock Price Up 0.6% - Should You Buy?

Smithson Investment Trust logo with Financial Services background

Key Points

  • Smithson Investment Trust (LON:SSON) shares rose by 0.6%, trading at GBX 1,555 ($20.90) during mid-day on Friday, although trading volume decreased by 46% compared to its average.
  • The company has a market capitalization of £1.99 billion and a P/E ratio of -46.46, indicating potential concerns about profitability.
  • Smithson focuses on global small and mid-cap companies, aiming for superior risk-adjusted returns similar to the Fundsmith Equity Fund by investing in firms with market caps between £500m and £15bn.
  • Want stock alerts on Smithson Investment Trust? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Smithson Investment Trust PLC (LON:SSON - Get Free Report) shares shot up 0.6% during trading on Friday . The company traded as high as GBX 1,556 ($20.78) and last traded at GBX 1,555 ($20.77). 214,777 shares traded hands during trading, a decline of 46% from the average session volume of 396,876 shares. The stock had previously closed at GBX 1,546 ($20.65).

Smithson Investment Trust Trading Down 0.8%

The company has a market cap of £1.96 billion and a P/E ratio of -45.89. The stock's 50-day moving average price is GBX 1,499.90 and its 200-day moving average price is GBX 1,478.89.

Smithson Investment Trust Company Profile

(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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