Mobius Investment Trust plc (LON:MMIT - Get Free Report) shares traded up 1.1% on Wednesday . The stock traded as high as GBX 139.50 ($1.90) and last traded at GBX 139.50 ($1.90). 325,325 shares changed hands during trading, an increase of 116% from the average session volume of 150,780 shares. The stock had previously closed at GBX 138 ($1.87).
Mobius Investment Trust Stock Up 0.4%
The company has a market cap of £160.73 million, a P/E ratio of 9.29 and a beta of 0.74. The company's 50-day moving average is GBX 132.03 and its two-hundred day moving average is GBX 134.49.
Insiders Place Their Bets
In other Mobius Investment Trust 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 price of GBX 128 ($1.74) per share, for a total transaction of £39,669.76 ($53,891.81). 26.82% of the stock is owned by corporate insiders.
About Mobius Investment Trust
(
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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.
Further Reading
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