Mobius Investment Trust plc (LON:MMIT – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 186.50 and last traded at GBX 186.50, with a volume of 57659 shares changing hands. The stock had previously closed at GBX 178.50.
Mobius Investment Trust Stock Performance
The firm’s 50-day simple moving average is GBX 174.50 and its 200-day simple moving average is GBX 164.31. The company has a market capitalization of £122.51 million, a price-to-earnings ratio of 3.21 and a beta of 0.67.
Mobius Investment Trust (LON:MMIT – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported GBX 0.21 earnings per share for the quarter. Mobius Investment Trust had a net margin of 92.23% and a return on equity of 31.87%.
About Mobius Investment Trust
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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