Mobius Investment Trust (LON:MMIT) Sets New 12-Month High – Here’s Why

Mobius Investment Trust plc (LON:MMITGet Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 175 and last traded at GBX 167, with a volume of 58247 shares traded. The stock had previously closed at GBX 173.50.

Mobius Investment Trust Stock Performance

The company has a market capitalization of £109.70 million, a price-to-earnings ratio of 16.75 and a beta of 0.72. The company has a 50-day moving average price of GBX 147.19 and a 200-day moving average price of GBX 143.31.

Mobius Investment Trust (LON:MMITGet Free Report) last posted its earnings results on Monday, March 9th. The company reported GBX 0.69 earnings per share (EPS) for the quarter. Mobius Investment Trust had a return on equity of 10.93% and a net margin of 83.66%.

Mobius Investment Trust Company Profile

(Get Free Report)

Mobius Investment Trust plc (“MMIT”) is a closed-ended investment company listed on London Stock Exchange (LSE: MMIT).

MMIT provides investors with access to a high conviction portfolio of 25-30 small to mid-cap companies, across emerging and frontier markets.

The London listed investment trust will be managed by MCP Emerging Markets LLP (“MCP”), an investment manager launched in May 2018. The Portfolio Manager is Carlos Hardenberg who has 25 years of investment experience and previously acted as the lead manager of the Templeton Emerging Markets Investment Trust (TEMIT).

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