Mobius Investment Trust (LON:MMIT) Insider Buys £21,902.25 in Stock

Key Points

• Gyula Schuch, an insider at Mobius Investment Trust, purchased 15,105 shares for approximately £21,902.25 at an average price of GBX 145.
• On September 29th, the stock recently traded up to GBX 144, with a market capitalization of £166.20 million.
• The company reported a net margin of 81.04% and a return on equity of 10.49% in its last quarterly earnings results.

Mobius Investment Trust plc (LON:MMIT - Get Free Report) insider Gyula Schuch acquired 15,105 shares of the stock in a transaction on Monday, September 29th. The stock was bought at an average price of GBX 145 per share, with a total value of £21,902.25.

Mobius Investment Trust Price Performance

MMIT traded up GBX 1 on Monday, hitting GBX 144. The company had a trading volume of 329,986 shares, compared to its average volume of 214,943. The stock has a fifty day simple moving average of GBX 142.34 and a 200-day simple moving average of GBX 134.09. Mobius Investment Trust plc has a 52-week low of GBX 107.70 and a 52-week high of GBX 149.01. The firm has a market capitalization of £166.20 million, a P/E ratio of -3,966.94 and a beta of 0.74.

Mobius Investment Trust (LON:MMIT - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The company reported GBX 0.18 earnings per share for the quarter. Mobius Investment Trust had a net margin of 81.04% and a return on equity of 10.49%.

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.

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