Mobius Investment Trust (LON:MMIT – Get Free Report) announced its earnings results on Wednesday. The company reported GBX 0.21 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Mobius Investment Trust had a return on equity of 10.93% and a net margin of 83.66%.
Mobius Investment Trust Stock Performance
MMIT traded down GBX 3.06 during trading on Wednesday, reaching GBX 168.94. The company had a trading volume of 33,075 shares, compared to its average volume of 313,743. The firm’s 50-day simple moving average is GBX 173.91 and its 200 day simple moving average is GBX 155.73. The company has a market cap of £110.98 million, a price-to-earnings ratio of 16.95 and a beta of 0.74. Mobius Investment Trust has a 12-month low of GBX 133 and a 12-month high of GBX 185.50.
About Mobius Investment Trust
MMIT provides investors with access to a high conviction portfolio of 25-30 small to mid-cap companies, across emerging and frontier markets.
The London listed investment trust will be managed by MCP Emerging Markets LLP (“MCP”), an investment manager launched in May 2018. The Portfolio Manager is Carlos Hardenberg who has 25 years of investment experience and previously acted as the lead manager of the Templeton Emerging Markets Investment Trust (TEMIT).
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