Seraphim Space Investment Trust (LON:SSIT) Sets New 12-Month High - Here's What Happened

Key Points

• Seraphim Space Investment Trust's shares hit a new 52-week high at GBX 90 ($1.21) on Monday, marking a rise of 4.9%.
• The company has a market capitalization of £215.73 million and a P/E ratio of 31.99.
• Insider Christina McComb purchased 15,577 shares at GBX 64 ($0.86) each, indicating confidence in the firm's future performance.

Seraphim Space Investment Trust (LON:SSIT - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 90 ($1.19) and last traded at GBX 89.20 ($1.18), with a volume of 4675944 shares traded. The stock had previously closed at GBX 85 ($1.12).

Seraphim Space Investment Trust Price Performance

The business has a 50-day moving average of GBX 78.16 and a two-hundred day moving average of GBX 62.20. The company has a market cap of £206.58 million and a P/E ratio of 30.63.

Insiders Place Their Bets

In other news, insider Christina McComb acquired 15,577 shares of Seraphim Space Investment Trust stock in a transaction dated Wednesday, May 21st. The stock was purchased at an average cost of GBX 64 ($0.85) per share, for a total transaction of £9,969.28 ($13,169.46). Corporate insiders own 26.87% of the company's stock.

Seraphim Space Investment Trust Company Profile

The world's first listed Space Tech fund. Sustainability, connectivity and digitalisation are global scale challenges. Our portfolio companies reflect our commitment to the planet. Seraphim Space Investment Trust will target early and growth stage Space Tech companies that have the potential to dominate globally and that are sector leaders with first mover advantages in areas such as climate, communications, mobility and cyber security.