Seraphim Space Investment Trust (LON:SSIT) Hits New 52-Week High – Still a Buy?

Shares of Seraphim Space Investment Trust (LON:SSIT) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 124 and last traded at GBX 115.50, with a volume of 3771437 shares. The stock had previously closed at GBX 113.50.

Seraphim Space Investment Trust Stock Performance

The company has a market cap of £273.96 million and a price-to-earnings ratio of 5.17. The business’s 50 day moving average price is GBX 84.01 and its 200-day moving average price is GBX 79.66.

Seraphim Space Investment Trust (LON:SSIT) last released its quarterly earnings data on Monday, October 20th. The company reported GBX (0.76) EPS for the quarter. Seraphim Space Investment Trust had a positive return on equity of 2.97% and a negative net margin of 473.47%.

Insider Activity at Seraphim Space Investment Trust

In related news, insider Will Whitehorn acquired 11,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was purchased at an average cost of GBX 78 per share, for a total transaction of £8,580. Also, insider Angela Lane bought 8,000 shares of Seraphim Space Investment Trust stock in a transaction dated Tuesday, November 25th. The stock was purchased at an average price of GBX 78 per share, for a total transaction of £6,240. 0.14% of the stock is owned by company insiders.

About Seraphim Space Investment Trust

The world’s first listed Space Tech fund. Sustainability, connectivity and digitalisation are global scale challenges. Our portfolio companies reflect our commitment to the planet. Seraphim Space Investment Trust will target early and growth stage Space Tech companies that have the potential to dominate globally and that are sector leaders with first mover advantages in areas such as climate, communications, mobility and cyber security.