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

Mobius Investment Trust plc (LON:MMITGet Free Report) shares reached a new 52-week high during trading on Friday . The company traded as high as GBX 175 and last traded at GBX 167, with a volume of 58247 shares trading hands. The stock had previously closed at GBX 173.50.

Mobius Investment Trust Trading Down 3.7%

The company has a market capitalization of £109.70 million, a PE ratio of 16.75 and a beta of 0.72. The firm’s 50-day simple moving average is GBX 147.67 and its 200-day simple moving average is GBX 143.47.

Mobius Investment Trust (LON:MMITGet Free Report) last released its quarterly earnings data on Monday, March 9th. The company reported GBX 0.69 earnings per share (EPS) for the quarter. Mobius Investment Trust had a net margin of 83.66% and a return on equity of 10.93%.

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 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).

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