Mobius Investment Trust (LON:MMIT) Shares Down 0.4% - Should You Sell?

Key Points

• Mobius Investment Trust's shares decreased by 0.4% to GBX 141.71 ($1.92), with trading volume down 61% compared to the average daily volume.
• The company reported a net margin of 81.04% and earnings of GBX 0.18 per share in its latest quarterly results.
• Insider Diana Dyer Bartlett purchased 30,992 shares at an average cost of GBX 128, indicating significant insider interest, as insiders own 26.82% of the stock.

Shares of Mobius Investment Trust plc (LON:MMIT - Get Free Report) traded down 0.4% during trading on Friday . The stock traded as low as GBX 139 ($1.87) and last traded at GBX 141.71 ($1.91). 81,873 shares traded hands during trading, a decline of 61% from the average session volume of 208,274 shares. The stock had previously closed at GBX 142.25 ($1.92).

Mobius Investment Trust Stock Performance

The stock has a market capitalization of £165.06 million, a PE ratio of 9.54 and a beta of 0.74. The company's 50-day moving average is GBX 138.78 and its 200 day moving average is GBX 133.22.

Mobius Investment Trust (LON:MMIT - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The company reported GBX 0.18 EPS 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 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.