Smithson Investment Trust (LON:SSON) Sets New 52-Week High – Here’s Why

Shares of Smithson Investment Trust PLC (LON:SSONGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 1,528 ($19.01) and last traded at GBX 1,525.02 ($18.97), with a volume of 143363 shares. The stock had previously closed at GBX 1,516 ($18.86).

Smithson Investment Trust Price Performance

The stock has a market cap of £2.48 billion and a price-to-earnings ratio of 673.13. The company’s fifty day moving average price is GBX 1,483.97 and its 200-day moving average price is GBX 1,447.65.

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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