New Star Investment Trust (LON:NSI) Stock Price Up 0.8%

New Star Investment Trust plc (LON:NSI – Get Rating) rose 0.8% during mid-day trading on Wednesday . The company traded as high as GBX 127 ($1.54) and last traded at GBX 127 ($1.54). Approximately 9,103 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 6,918 shares. The stock had previously closed at GBX 126 ($1.53).

The business’s fifty day moving average is GBX 128.27 and its 200-day moving average is GBX 135.89. The firm has a market cap of £90.20 million and a P/E ratio of 4.77.

About New Star Investment Trust (LON:NSI)

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.

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