Mobius Investment Trust plc (LON:MMIT - Get Free Report) rose 2.9% during trading on Thursday . The stock traded as high as GBX 123.90 ($1.65) and last traded at GBX 123.50 ($1.65). Approximately 21,404 shares traded hands during trading, a decline of 87% from the average daily volume of 167,913 shares. The stock had previously closed at GBX 120 ($1.60).
Mobius Investment Trust Price Performance
The stock has a market cap of £144.21 million, a PE ratio of 8.33 and a beta of 0.74. The firm has a 50 day moving average of GBX 128.04 and a two-hundred day moving average of GBX 137.43.
Mobius Investment Trust (LON:MMIT - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The company reported GBX 1.91 ($0.03) earnings per share for the quarter. Mobius Investment Trust had a return on equity of 10.49% and a net margin of 81.04%.
Mobius Investment Trust Increases Dividend
The business also recently announced a dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Thursday, May 1st will be paid a dividend of GBX 1.70 ($0.02) per share. This is a boost from Mobius Investment Trust's previous dividend of $1.25. The ex-dividend date is Thursday, May 1st. This represents a yield of 1.27%. Mobius Investment Trust's dividend payout ratio (DPR) is presently 6.69%.
Mobius Investment Trust Company Profile
(
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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