New Star Investment Trust (LON:NSI) Reaches New 1-Year High – Still a Buy?

by · The Markets Daily

Shares of New Star Investment Trust plc (LON:NSI – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 144 and last traded at GBX 144, with a volume of 25066 shares. The stock had previously closed at GBX 139.47.

New Star Investment Trust Price Performance

The stock has a 50 day moving average price of GBX 137.24 and a two-hundred day moving average price of GBX 130.96. The company has a market capitalization of £102.27 million, a price-to-earnings ratio of 7.73 and a beta of 0.11.

New Star Investment Trust Company Profile

(Get Free Report)

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.

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