New Star Investment Trust (LON:NSI) Sets New 52-Week High – Here’s What Happened

New Star Investment Trust plc (LON:NSI)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 141 and last traded at GBX 139.88, with a volume of 69674 shares. The stock had previously closed at GBX 138.31.

New Star Investment Trust Trading Up 1.1%

The stock’s 50-day moving average is GBX 131.39 and its 200-day moving average is GBX 127.77. The stock has a market cap of £99.35 million, a price-to-earnings ratio of 7.50 and a beta of 0.11.

New Star Investment Trust (LON:NSI) last announced its quarterly earnings results on Friday, March 20th. The company reported GBX 2.54 earnings per share for the quarter. New Star Investment Trust had a net margin of 1,605.21% and a return on equity of 10.51%.

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. The fund seeks to invest in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the FTSE All-Share Total Return Index.