Mobius Investment Trust (LON:MMIT) Stock Price Up 1.1% - Should You Buy?

Key Points

• Mobius Investment Trust’s stock price rose by 1.1% during mid-day trading, reaching a last trading price of GBX 144 ($1.93).
• The company reported a quarterly earnings per share (EPS) of GBX 0.18 with a net margin of 81.04% and a return on equity of 10.49%.
• Insider Gyula Schuch purchased 15,105 shares at an average price of GBX 145 per share, indicating confidence in the company.

Mobius Investment Trust plc (LON:MMIT - Get Free Report)'s stock price traded up 1.1% during mid-day trading on Monday . The company traded as high as GBX 144.59 ($1.94) and last traded at GBX 144 ($1.93). 214,834 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 236,458 shares. The stock had previously closed at GBX 142.50 ($1.91).

Mobius Investment Trust Stock Up 1.1%

The business's 50 day moving average is GBX 143.89 and its 200-day moving average is GBX 135.55. The firm has a market cap of £166.20 million, a P/E ratio of -39.67 and a beta of 0.74.

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

Insiders Place Their Bets

In other Mobius Investment Trust news, insider Gyula Schuch bought 15,105 shares of the stock in a transaction on Monday, September 29th. The stock was purchased at an average price of GBX 145 per share, for a total transaction of £21,902.25. 0.08% of the stock is currently owned by insiders.

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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