Smithson Investment Trust (LON:SSON) Stock Price Down 0.5% – Time to Sell?

Smithson Investment Trust PLC (LON:SSON)’s stock price dropped 0.5% during trading on Monday . The stock traded as low as GBX 1,458 ($18.29) and last traded at GBX 1,462 ($18.34). Approximately 235,962 shares traded hands during trading, a decline of 51% from the average daily volume of 482,239 shares. The stock had previously closed at GBX 1,470 ($18.44).

Smithson Investment Trust Stock Down 0.5 %

The business has a 50-day simple moving average of GBX 1,464.46 and a two-hundred day simple moving average of GBX 1,432.43. The stock has a market capitalization of £2.37 billion and a price-to-earnings ratio of 644.05.

Smithson Investment Trust Company Profile

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.