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Mobius Investment Trust (LON:MMIT) Shares Up 1.1% - Still a Buy?

Mobius Investment Trust logo with Financial Services background

Key Points

  • Mobius Investment Trust's share price increased by 1.1% to GBX 139.50 ($1.84), with a trading volume up 19% compared to the average.
  • The company has a market capitalization of £161.59 million and a price-to-earnings ratio of 9.34.
  • Insider Diana Dyer Bartlett bought 30,992 shares at an average price of GBX 128 ($1.69), indicating confidence in the firm as insiders own 26.82% of the company's stock.
  • Looking to Export and Analyze Mobius Investment Trust Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Mobius Investment Trust plc (LON:MMIT - Get Free Report) rose 1.1% on Thursday . The company traded as high as GBX 140 ($1.86) and last traded at GBX 139.50 ($1.85). Approximately 176,557 shares were traded during mid-day trading, an increase of 19% from the average daily volume of 148,820 shares. The stock had previously closed at GBX 138 ($1.83).

Mobius Investment Trust Price Performance

The stock's 50 day moving average price is GBX 135.39 and its two-hundred day moving average price is GBX 133.81. The firm has a market capitalization of £161.01 million, a price-to-earnings ratio of 9.30 and a beta of 0.74.

Mobius Investment Trust (LON:MMIT - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported GBX 0.18 ($0.00) EPS for the quarter. Mobius Investment Trust had a net margin of 81.04% and a return on equity of 10.49%.

Insider Activity at Mobius Investment Trust

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

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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