Mobius Investment Trust (LON:MMIT) Hits New 52-Week High – What’s Next?

Mobius Investment Trust plc (LON:MMITGet Free Report)’s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 148 ($1.82) and last traded at GBX 146 ($1.80), with a volume of 205202 shares traded. The stock had previously closed at GBX 146.50 ($1.81).

Mobius Investment Trust Price Performance

The company has a 50 day moving average of GBX 142.12 and a 200-day moving average of GBX 139.06. The company has a market cap of £168.51 million, a P/E ratio of 1,216.67 and a beta of 0.74.

Mobius Investment Trust Company Profile

(Get Free Report)

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 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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