Lindsell Train Investment Trust (LON:LTI) Stock Price Down 0.7% – Should You Sell?

Lindsell Train Investment Trust Plc (LON:LTI)’s stock price fell 0.7% during trading on Tuesday . The company traded as low as GBX 800.23 ($9.98) and last traded at GBX 804 ($10.03). 204 shares were traded during trading, a decline of 45% from the average session volume of 373 shares. The stock had previously closed at GBX 810 ($10.10).

Lindsell Train Investment Trust Price Performance

The stock has a market cap of £1.61 million, a PE ratio of 38.30 and a beta of 0.56. The business has a fifty day moving average of GBX 751.82 and a 200-day moving average of GBX 777.16.

Insider Buying and Selling

In related news, insider Michael Lindsell bought 34 shares of the stock in a transaction that occurred on Friday, October 18th. The stock was bought at an average cost of £733 ($914.42) per share, for a total transaction of £24,922 ($31,090.32). Insiders acquired 266 shares of company stock valued at $19,631,760 over the last 90 days. Corporate 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.