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Mobius Investment Trust (LON:MMIT) Trading Down 0.4% - Here's What Happened

Mobius Investment Trust logo with Financial Services background

Mobius Investment Trust plc (LON:MMIT - Get Free Report)'s share price fell 0.4% during mid-day trading on Wednesday . The company traded as low as GBX 132.36 ($1.78) and last traded at GBX 134 ($1.80). 246,444 shares were traded during mid-day trading, an increase of 62% from the average session volume of 152,008 shares. The stock had previously closed at GBX 134.50 ($1.80).

Mobius Investment Trust Stock Down 0.4%

The company has a market capitalization of £155.22 million, a PE ratio of 8.97 and a beta of 0.74. The stock's fifty day simple moving average is GBX 127.37 and its 200-day simple moving average is GBX 135.09.

Insider Activity

In other Mobius Investment Trust news, insider Diana Dyer Bartlett purchased 30,992 shares of the stock in a transaction dated Tuesday, May 27th. The shares were acquired at an average cost of GBX 128 ($1.72) per share, for a total transaction of £39,669.76 ($53,233.71). Company insiders own 26.82% of the company's stock.

About Mobius Investment Trust

(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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