Shares of Mobius Investment Trust plc (LON:MMIT – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 176 and last traded at GBX 174.35, with a volume of 176970 shares changing hands. The stock had previously closed at GBX 170.63.
Mobius Investment Trust Stock Performance
The company has a market cap of £114.53 million, a price-to-earnings ratio of 17.49 and a beta of 0.72. The business has a 50-day simple moving average of GBX 154.08 and a 200-day simple moving average of GBX 145.50.
Mobius Investment Trust (LON:MMIT – Get Free Report) last posted its quarterly earnings results on Monday, March 9th. The company reported GBX 0.69 earnings per share (EPS) for the quarter. Mobius Investment Trust had a return on equity of 10.93% and a net margin of 83.66%.
About Mobius Investment Trust
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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