Lindsell Train Investment Trust (LON:LTI) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Lindsell Train Investment Trust Plc (LON:LTI) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 840.33 ($10.88) and traded as low as GBX 808.03 ($10.46). Lindsell Train Investment Trust shares last traded at GBX 812.20 ($10.51), with a volume of 169 shares traded.

Lindsell Train Investment Trust Stock Performance

The company has a market cap of £161.78 million, a P/E ratio of 20.97 and a beta of 0.56. The stock has a 50 day moving average price of GBX 840.03 and a 200 day moving average price of GBX 786.53.

Insiders Place Their Bets

In other Lindsell Train Investment Trust news, insider Michael Lindsell bought 50 shares of Lindsell Train Investment Trust stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average cost of £817.53 ($1,058.15) per share, for a total transaction of £40,876.50 ($52,907.71). Over the last three months, insiders have acquired 350 shares of company stock worth $29,062,125. 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.