Mobius Investment Trust (LON:MMIT) Shares Up 0.8% – What’s Next?

Shares of Mobius Investment Trust plc (LON:MMIT) rose 0.8% on Monday. The company traded as high as GBX 188.50 and last traded at GBX 184.50. Approximately 9,526 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 241,588 shares. The stock had previously closed at GBX 183.

Mobius Investment Trust Stock Down 0.9%

The firm has a fifty day moving average price of GBX 180.49 and a 200-day moving average price of GBX 171.53. The firm has a market cap of £117.15 million, a price-to-earnings ratio of 3.07 and a beta of 0.65.

Mobius Investment Trust (LON:MMIT) last posted its quarterly earnings results on Wednesday, July 29th. The company reported GBX 0.21 earnings per share (EPS) for the quarter. Mobius Investment Trust had a return on equity of 31.87% and a net margin of 92.23%.

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).