Lindsell Train Investment Trust (LON:LTI) Trading Down 0.7% – What’s Next?

Lindsell Train Investment Trust Plc (LON:LTI)’s stock price traded down 0.7% during mid-day trading on Tuesday . The company traded as low as GBX 800.23 ($9.89) and last traded at GBX 804 ($9.94). 204 shares were traded during mid-day trading, a decline of 45% from the average session volume of 373 shares. The stock had previously closed at GBX 810 ($10.01).

Lindsell Train Investment Trust Stock Up 1.0 %

The company has a market capitalization of £1.62 million, a P/E ratio of 38.49 and a beta of 0.56. The firm has a fifty day simple moving average of GBX 753.94 and a 200-day simple moving average of GBX 777.23.

Insider Buying and Selling

In related news, insider Michael Lindsell bought 40 shares of Lindsell Train Investment Trust stock in a transaction that occurred on Tuesday, December 10th. The stock was purchased at an average cost of £734.44 ($907.84) per share, with a total value of £29,377.60 ($36,313.47). In the last three months, insiders acquired 199 shares of company stock valued at $14,673,760. 48.50% of the stock is owned by corporate insiders.

About Lindsell Train Investment Trust

Lindsell Train Investment Trust Plc is an closed-ended balanced mutual fund of funds launched and managed by Lindsell Train Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, unquoted equities, bonds, other Lindsell Train managed fund products, cash, and other financial investments.