The Independent Investment Trust plc (LON:IIT)’s share price shot up 2.6% during mid-day trading on Friday . The stock traded as high as GBX 592 ($7.79) and last traded at GBX 554 ($7.29), 59,743 shares traded hands during trading. A decline of 36% from the average session volume of 93,441 shares. The stock had previously closed at GBX 540 ($7.10).

The company has a market cap of $303.13 million and a price-to-earnings ratio of -7.24. The stock has a fifty day moving average price of GBX 516.77 and a two-hundred day moving average price of GBX 515.45.

About The Independent Investment Trust (LON:IIT)

The Independent Investment Trust PLC is a publically owned investment manager. The firm launches and manages equity mutual fund for its clients. It invests in public equity markets across the globe. The Independent Investment Trust PLC is based in Edinburgh, United Kingdom.

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