Mobius Investment Trust plc (LON:MMIT – Get Free Report) passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 163.69 and traded as low as GBX 161.33. Mobius Investment Trust shares last traded at GBX 163, with a volume of 119,236 shares changing hands.
Mobius Investment Trust Price Performance
The stock has a market capitalization of £107.08 million, a P/E ratio of 2.81 and a beta of 0.65. The business’s 50 day simple moving average is GBX 180.01 and its 200-day simple moving average is GBX 163.69.
Mobius Investment Trust Company Profile
Mobius Investment Trust plc (“MMIT”) is a closed-ended investment company listed on London Stock Exchange (LSE: MMIT).
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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