Mobius Investment Trust (LON:MMIT) Reaches New 52-Week High – Here’s Why

Mobius Investment Trust plc (LON:MMIT – Get Free Report) shares hit a new 52-week high on Monday. The company traded as high as GBX 188 and last traded at GBX 182, with a volume of 156552 shares changing hands. The stock had previously closed at GBX 186.

Mobius Investment Trust Stock Performance

The firm has a market capitalization of £119.56 million, a P/E ratio of 3.13 and a beta of 0.67. The stock’s 50 day simple moving average is GBX 175.35 and its 200 day simple moving average is GBX 165.79.

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

About Mobius Investment Trust

(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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