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

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.

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

Mobius Investment Trust Price Performance

MMIT remained flat at GBX 139 ($1.85) during trading on Monday. The company's stock had a trading volume of 97,757 shares, compared to its average volume of 149,493. The stock has a market cap of £161.01 million, a price-to-earnings ratio of 9.30 and a beta of 0.74. Mobius Investment Trust has a 12-month low of GBX 107.70 ($1.43) and a 12-month high of GBX 149.01 ($1.98). The stock has a fifty day simple moving average of GBX 135.39 and a 200 day simple moving average of GBX 133.81.

Insiders Place Their Bets

In other news, insider Diana Dyer Bartlett bought 30,992 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was purchased at an average cost of GBX 128 ($1.70) per share, for a total transaction of £39,669.76 ($52,675.29). 26.82% of the stock is owned by company insiders.

Mobius Investment Trust Company Profile

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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