Seraphim Space Investment Trust (LON:SSIT) Trading 15.2% Higher – Here’s What Happened

Seraphim Space Investment Trust (LON:SSIT)’s share price shot up 15.2% on Wednesday . The stock traded as high as GBX 217 and last traded at GBX 216.13. 3,123,114 shares changed hands during mid-day trading, an increase of 60% from the average session volume of 1,948,949 shares. The stock had previously closed at GBX 187.60.

Seraphim Space Investment Trust Stock Performance

The stock has a market capitalization of £502.86 million, a P/E ratio of 5.14 and a beta of 2.18. The company’s fifty day simple moving average is GBX 154.92 and its two-hundred day simple moving average is GBX 120.78.

Seraphim Space Investment Trust (LON:SSIT) last released its quarterly earnings results on Thursday, March 5th. The company reported GBX (0.89) earnings per share for the quarter. Seraphim Space Investment Trust had a net margin of 1,940.84% and a return on equity of 20.81%.

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.