Lindsell Train Investment Trust (LON:LTI) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

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 ($10.52), with a volume of 169 shares changing hands.

Lindsell Train Investment Trust Stock Down 0.7 %

The business’s fifty day moving average is GBX 840.33 and its two-hundred day moving average is GBX 786.34. The firm has a market cap of £162.62 million, a price-to-earnings ratio of 21.08 and a beta of 0.56.

Insider Buying and Selling at Lindsell Train Investment Trust

In other news, insider Michael Lindsell acquired 50 shares of the company’s stock in a transaction on Friday, January 17th. The stock was purchased at an average cost of £817.53 ($1,058.43) per share, with a total value of £40,876.50 ($52,921.41). In the last ninety days, insiders have bought 350 shares of company stock worth $29,062,125. Insiders own 48.50% of the company’s stock.

Lindsell Train Investment Trust Company Profile

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.