Mobius Investment Trust plc (LON:MMIT – Get Free Report) reached a new 52-week high during trading on Monday. The company traded as high as GBX 188 and last traded at GBX 182, with a volume of 156552 shares changing hands. The stock had previously closed at GBX 186.
Mobius Investment Trust Trading Down 2.2%
The firm’s 50-day moving average price is GBX 175.35 and its two-hundred day moving average price is GBX 165.79. The stock has a market cap of £119.56 million, a PE ratio of 3.13 and a beta of 0.67.
Mobius Investment Trust (LON:MMIT – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported GBX 0.21 earnings per share for the quarter. Mobius Investment Trust had a return on equity of 31.87% and a net margin of 92.23%.
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).
Read More
- Five stocks we like better than Mobius Investment Trust
- Six Flags Launches FlexPay—Is There Any FUN Left in the Stock?
- Brewing Trouble? Starbucks Spills the Beans on 250 Store Closures
- Stitch Fix Stock Plunges as Guidance Puts the Turnaround on Pause
- Harley-Davidson Insiders Are Buying: Is HOG Finally Turning Around?
Receive News & Ratings for Mobius Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobius Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
