Smithson Investment Trust PLC (LON:SSON) Insider Mike Balfour Acquires 7,000 Shares

Smithson Investment Trust PLC (LON:SSON) insider Mike Balfour purchased 7,000 shares of the business’s stock in a transaction on Thursday, March 27th. The shares were acquired at an average price of GBX 1,456 ($18.85) per share, for a total transaction of £101,920 ($131,918.20).

Smithson Investment Trust Stock Down 1.0 %

Smithson Investment Trust stock opened at GBX 1,436 ($18.59) on Friday. The company has a market capitalization of £1.84 billion and a PE ratio of -42.90. Smithson Investment Trust PLC has a 12-month low of GBX 1,340 ($17.34) and a 12-month high of GBX 1,575.04 ($20.39). The firm’s fifty day moving average is GBX 1,513.06 and its 200 day moving average is GBX 1,473.25.

Smithson Investment Trust (LON:SSON) last announced its quarterly earnings data on Thursday, March 6th. The company reported GBX 3 ($0.04) earnings per share for the quarter. Smithson Investment Trust had a net margin of 317.04% and a negative return on equity of 2.13%.

Smithson Investment Trust Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, April 3rd will be paid a GBX 0.58 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a yield of 0.04%.

About Smithson Investment Trust

Smithson aims to provide its shareholders with a similar investment experience to the Fundsmith Equity Fund, being a superior risk-adjusted return over the long term, but by investing in a group of global small and mid capitalisation listed companies with a market cap of £500m to £15bn, which we believe can compound in value over many years, if not decades, hence the name, Smithson.