New Star Investment Trust (LON:NSI) Trading 0.9% Higher

New Star Investment Trust (LON:NSI)’s share price traded up 0.9% during trading on Friday . The company traded as high as GBX 115 ($1.44) and last traded at GBX 115 ($1.44). 214 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 9,309 shares. The stock had previously closed at GBX 114 ($1.43).

New Star Investment Trust Trading Up 0.9 %

The business’s fifty day moving average price is GBX 116.70 and its 200 day moving average price is GBX 114.37. The firm has a market capitalization of £81.67 million, a price-to-earnings ratio of 2,300.00 and a beta of 0.30.

New Star Investment Trust Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 29th. Shareholders of record on Thursday, March 28th were paid a GBX 1.70 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a yield of 1.45%. New Star Investment Trust’s dividend payout ratio is currently 6,000.00%.

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.