Mobius Investment Trust (LON:MMIT) Stock Price Up 0.8% – Here’s What Happened

Mobius Investment Trust plc (LON:MMIT – Get Free Report) traded up 0.8% during mid-day trading on Monday. The stock traded as high as GBX 188.50 and last traded at GBX 184.50. 9,526 shares traded hands during trading, a decline of 96% from the average session volume of 241,588 shares. The stock had previously closed at GBX 183.

Mobius Investment Trust Stock Performance

The firm has a market capitalization of £121.20 million, a price-to-earnings ratio of 3.18 and a beta of 0.65. The business’s 50 day moving average is GBX 180.25 and its 200-day moving average is GBX 171.23.

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%.

Mobius Investment Trust Company Profile

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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).

Further Reading

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