New Star Investment Trust (LON:NSI) Announces Earnings Results

New Star Investment Trust (LON:NSI) released its earnings results on Monday. The company reported GBX 4.05 ($0.05) EPS for the quarter, Digital Look Earnings reports. New Star Investment Trust had a net margin of 92.75% and a return on equity of 11.02%.

New Star Investment Trust Price Performance

Shares of NSI traded down GBX 0.45 ($0.01) during mid-day trading on Wednesday, hitting GBX 113.55 ($1.47). The company’s stock had a trading volume of 2,191 shares, compared to its average volume of 14,093. The firm has a 50-day moving average price of GBX 110.71 and a 200 day moving average price of GBX 108.46. New Star Investment Trust has a fifty-two week low of GBX 97.42 ($1.26) and a fifty-two week high of GBX 150 ($1.94). The stock has a market capitalization of £86.54 million, a price-to-earnings ratio of 5.89 and a beta of 0.30.

New Star Investment Trust Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Thursday, April 3rd will be given a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date is Thursday, April 3rd. This represents a dividend yield of 1.56%. New Star Investment Trust’s dividend payout ratio (DPR) is 15.57%.

New Star Investment Trust Company Profile

New Star Investment Trust plc is a closed ended balanced mutual fund of funds launched and managed by Brompton Asset Management LLP. The fund invests in funds which invest in the public equity markets across the globe. It primarily invests in equity, bond, commodity, real estate, currency, pooled investment vehicles, exchange traded funds, futures, options, and limited partnerships.