Smithson Investment Trust (LON:SSON) Sets New 1-Year High – Still a Buy?

Smithson Investment Trust PLC (LON:SSONGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1,528 ($19.01) and last traded at GBX 1,525.02 ($18.97), with a volume of 143363 shares changing hands. The stock had previously closed at GBX 1,516 ($18.86).

Smithson Investment Trust Stock Performance

The firm has a market capitalization of £2.48 billion and a PE ratio of 673.13. The stock has a fifty day moving average price of GBX 1,483.97 and a 200-day moving average price of GBX 1,447.65.

About Smithson Investment Trust

(Get Free Report)

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.

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