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Seraphim Space Investment Trust (LON:SSIT) Trading 0.8% Higher - Still a Buy?

Seraphim Space Investment Trust logo with Financial Services background

Key Points

  • Seraphim Space Investment Trust shares rose by 0.8% during trading, with prices reaching GBX 73 ($0.99) at their peak before closing at GBX 71.60 ($0.97).
  • The company has a market capitalization of £169.83 million and a notably high price-to-earnings ratio of 1,110.08.
  • As the world's first listed Space Tech fund, the trust focuses on investing in early and growth stage companies within the space technology sector that address global challenges.
  • Interested in Seraphim Space Investment Trust? Here are five stocks we like better.

Seraphim Space Investment Trust (LON:SSIT - Get Free Report) shares were up 0.8% during trading on Friday . The company traded as high as GBX 73 ($0.98) and last traded at GBX 71.60 ($0.96). Approximately 885,094 shares changed hands during trading, an increase of 54% from the average daily volume of 574,276 shares. The stock had previously closed at GBX 71 ($0.95).

Seraphim Space Investment Trust Stock Up 1.4%

The stock's 50-day simple moving average is GBX 81.52 and its 200 day simple moving average is GBX 66.78. The firm has a market cap of £167.94 million and a P/E ratio of 1,097.67.

About Seraphim Space Investment Trust

(Get Free Report)

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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