Mobius Investment Trust plc (LON:MMIT – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 145 ($1.77) and last traded at GBX 143.77 ($1.76), with a volume of 63146 shares trading hands. The stock had previously closed at GBX 143.50 ($1.75).
Mobius Investment Trust Stock Performance
The business has a fifty day moving average price of GBX 141.41 and a 200 day moving average price of GBX 138.62. The firm has a market capitalization of £166.20 million, a price-to-earnings ratio of 1,200.00 and a beta of 0.74.
Mobius Investment Trust Company Profile
MMIT provides investors with access to a high conviction portfolio of 20-30 small to mid-cap companies, across emerging and frontier markets.
The London listed investment trust will be managed by Mobius Capital Partners LLP (“MCP”), an investment manager launched in May 2018 by Mark Mobius, Carlos Hardenberg and Greg Konieczny.
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