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

Mobius Investment Trust plc (LON:MMITGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 174.50 and last traded at GBX 170.50, with a volume of 43301 shares. The stock had previously closed at GBX 167.

Mobius Investment Trust Stock Performance

The stock has a market cap of £111.02 million, a PE ratio of 16.95 and a beta of 0.72. The stock has a fifty day moving average price of GBX 152.77 and a 200 day moving average price of GBX 145.01.

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

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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