Lindsell Train Investment Trust (LON:LTI) Trading 1% Higher – What’s Next?

Posted by Scott Moore on Dec 7th, 2024

Lindsell Train Investment Trust Plc (LON:LTI – Get Free Report)’s share price shot up 1% on Thursday . The company traded as high as GBX 742 ($9.46) and last traded at GBX 733.20 ($9.35). 643 shares traded hands during mid-day trading, an increase of 59% from the average session volume of 405 shares. The stock had previously closed at GBX 726 ($9.26).

Lindsell Train Investment Trust Trading Up 0.1 %

The company’s fifty day moving average is GBX 736.26 and its 200-day moving average is GBX 782.61. The firm has a market capitalization of £1.47 million, a P/E ratio of 34.92 and a beta of 0.56.

Insider Buying and Selling at Lindsell Train Investment Trust

In other Lindsell Train Investment Trust news, insider Michael Lindsell purchased 67 shares of the business’s stock in a transaction dated Thursday, October 10th. The stock was bought at an average cost of £740 ($943.40) per share, for a total transaction of £49,580 ($63,207.55). Insiders bought 276 shares of company stock worth $20,862,900 over the last ninety days. Company insiders own 48.50% of the company’s stock.

About Lindsell Train Investment Trust

(Get Free Report)

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.