Insider Buying: Smithson Investment Trust PLC (LON:SSON) Insider Purchases 7,000 Shares of Stock

Smithson Investment Trust PLC (LON:SSON) insider Mike Balfour acquired 7,000 shares of Smithson Investment Trust stock in a transaction on Thursday, March 27th. The stock was purchased at an average cost of GBX 1,456 ($18.85) per share, with a total value of £101,920 ($131,952.36).

Smithson Investment Trust Stock Performance

Shares of LON:SSON remained flat at GBX 1,450 ($18.77) during trading on Friday. The stock had a trading volume of 210,985 shares, compared to its average volume of 416,759. Smithson Investment Trust PLC has a one year low of GBX 1,340 ($17.35) and a one year high of GBX 1,575.04 ($20.39). The stock has a fifty day moving average price of GBX 1,514.30 and a two-hundred day moving average price of GBX 1,473.51. The stock has a market capitalization of £1.85 billion and a price-to-earnings ratio of -43.32.

Smithson Investment Trust (LON:SSON) last announced its quarterly earnings results on Thursday, March 6th. The company reported GBX 3 ($0.04) EPS 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 firm also recently announced a dividend, which will be paid on Friday, May 2nd. Investors of record on Thursday, April 3rd will be issued a GBX 0.58 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a dividend 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.