New Star Investment Trust (LON:NSI) Trading Up 1.1% – Still a Buy?

New Star Investment Trust plc (LON:NSI)’s share price shot up 1.1% on Monday . The stock traded as high as GBX 127 and last traded at GBX 127. 12,551 shares changed hands during mid-day trading, an increase of 11% from the average session volume of 11,275 shares. The stock had previously closed at GBX 125.62.

New Star Investment Trust Stock Up 1.1%

The stock has a fifty day simple moving average of GBX 122.69 and a 200 day simple moving average of GBX 116.55. The firm has a market capitalization of £90.20 million, a P/E ratio of 31.44 and a beta of 0.30.

New Star Investment Trust (LON:NSI) last released its earnings results on Monday, November 3rd. The company reported GBX 4.25 earnings per share (EPS) for the quarter. New Star Investment Trust had a return on equity of 11.02% and a net margin of 92.75%.

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.