Seraphim Space Investment Trust (LON:SSIT) Stock Price Down 0.5% - Should You Sell?

Key Points

• Seraphim Space Investment Trust's stock price decreased by 0.5%, trading at GBX 85 ($1.14) on Thursday, with an increase in trading volume by 18%.
• The company has a market capitalization of £205.57 million and a PE ratio of 30.48, with a fifty day moving average of GBX 79.51.
• Insider Christina McComb purchased 15,577 shares at an average cost of GBX 64 ($0.86), reflecting confidence in the company's potential.

Seraphim Space Investment Trust (LON:SSIT - ) dropped 0.5% on Thursday . The company traded as low as GBX 84.40 ($1.14) and last traded at GBX 85 ($1.14). Approximately 675,566 shares were traded during trading, an increase of 18% from the average daily volume of 572,109 shares. The stock had previously closed at GBX 85.40 ($1.15).

Seraphim Space Investment Trust Stock Performance

The company has a fifty day simple moving average of GBX 79.51 and a two-hundred day simple moving average of GBX 63.31. The firm has a market capitalization of £205.57 million and a PE ratio of 30.48.

Insider Buying and Selling at Seraphim Space Investment Trust

In other Seraphim Space Investment Trust news, insider Christina McComb acquired 15,577 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was bought at an average cost of GBX 64 ($0.86) per share, with a total value of £9,969.28 ($13,406.78). 26.87% of the stock is owned by insiders.

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.

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