Seraphim Space Investment Trust (LON:SSIT) Trading 5.2% Higher – Here’s Why

Seraphim Space Investment Trust (LON:SSIT) shares were up 5.2% during mid-day trading on Wednesday . The stock traded as high as GBX 187.20 and last traded at GBX 181. 14,757,745 shares were traded during mid-day trading, an increase of 376% from the average session volume of 3,100,524 shares. The stock had previously closed at GBX 172.

Seraphim Space Investment Trust Stock Up 3.4%

The business’s 50-day simple moving average is GBX 182.73 and its 200 day simple moving average is GBX 176.01. The firm has a market capitalization of £446.41 million, a P/E ratio of 4.56 and a beta of 2.28.

Insider Activity at Seraphim Space Investment Trust

In other Seraphim Space Investment Trust news, insider Will Whitehorn bought 12,450 shares of Seraphim Space Investment Trust stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average price of GBX 79 per share, with a total value of £9,835.50. Over the last 90 days, insiders have acquired 35,450 shares of company stock worth $3,929,550. 0.19% of the stock is currently 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.