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Mobius Investment Trust (LON:MMIT) Issues Quarterly Earnings Results

Mobius Investment Trust logo with Financial Services background

Key Points

  • Mobius Investment Trust reported earnings of GBX 0.18 ($0.00) per share for the quarter, with a return on equity of 10.49% and a net margin of 81.04%.
  • The stock remained flat at GBX 139 ($1.85), with a market cap of £161.01 million and a price-to-earnings ratio of 9.30.
  • Insider Diana Dyer Bartlett purchased 30,992 shares at an average cost of GBX 128 ($1.70), indicating strong insider confidence in the company.
  • MarketBeat previews the top five stocks to own by October 1st.

Mobius Investment Trust (LON:MMIT - Get Free Report) posted its quarterly earnings data on Monday. The company reported GBX 0.18 ($0.00) earnings per share for the quarter, Digital Look Earnings reports. Mobius Investment Trust had a net margin of 81.04% and a return on equity of 10.49%.

Mobius Investment Trust Stock Down 0.7%

Mobius Investment Trust stock traded down GBX 1 ($0.01) during mid-day trading on Friday, hitting GBX 140 ($1.88). 37,584 shares of the company's stock traded hands, compared to its average volume of 148,206. The firm has a 50 day moving average price of GBX 136.24 and a 200 day moving average price of GBX 133.80. Mobius Investment Trust has a one year low of GBX 107.70 ($1.45) and a one year high of GBX 149.01 ($2.00). The company has a market cap of £162.17 million, a PE ratio of 9.37 and a beta of 0.74.

Insider Transactions at Mobius Investment Trust

In related news, insider Diana Dyer Bartlett acquired 30,992 shares of the firm's stock in a transaction on Tuesday, May 27th. The stock was bought at an average cost of GBX 128 ($1.72) per share, with a total value of £39,669.76 ($53,348.25). 26.82% of the stock is owned by corporate insiders.

About Mobius Investment Trust

(Get Free Report)

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 20-30 small to mid-cap companies, across emerging and frontier markets. The London listed investment trust will be managed by Mobius Capital Partners LLP (“MCP”), an investment manager launched in May 2018 by Mark Mobius, Carlos Hardenberg and Greg Konieczny.

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