Seraphim Space Investment Trust (LON:SSIT) Sets New 52-Week Low – Here’s What Happened

Seraphim Space Investment Trust (LON:SSIT)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 97.50 and last traded at GBX 187, with a volume of 5804246 shares. The stock had previously closed at GBX 187.40.

Seraphim Space Investment Trust Stock Performance

The stock has a market cap of £425.30 million, a PE ratio of 4.35 and a beta of 2.28. The stock has a fifty day simple moving average of GBX 208.08 and a two-hundred day simple moving average of GBX 152.26.

Seraphim Space Investment Trust (LON:SSIT) last released its earnings results on Thursday, March 5th. The company reported GBX (0.89) EPS for the quarter. Seraphim Space Investment Trust had a net margin of 1,940.84% and a return on equity of 20.81%.

Insiders Place Their Bets

In related news, insider Will Whitehorn bought 5,000 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were purchased at an average cost of GBX 98 per share, with a total value of £4,900. Insiders acquired 23,000 shares of company stock valued at $2,946,000 over the last quarter. 0.14% of the stock is owned by company insiders.

About Seraphim Space Investment Trust

The world’s first listed Space Tech fund. Sustainability, connectivity and digitalisation are global scale challenges. Our portfolio companies reflect our commitment to the planet. Seraphim Space Investment Trust will target early and growth stage Space Tech companies that have the potential to dominate globally and that are sector leaders with first mover advantages in areas such as climate, communications, mobility and cyber security.