Mobius Investment Trust (LON:MMIT) Releases Quarterly Earnings Results

Mobius Investment Trust (LON:MMIT) announced its earnings results on Wednesday. The company reported GBX 0.21 earnings per share for the quarter, Digital Look Earnings reports. Mobius Investment Trust had a return on equity of 10.93% and a net margin of 83.66%.

Mobius Investment Trust Stock Performance

LON MMIT traded down GBX 3.06 on Wednesday, reaching GBX 168.94. The company’s stock had a trading volume of 33,075 shares, compared to its average volume of 313,743. Mobius Investment Trust has a twelve month low of GBX 133 and a twelve month high of GBX 185.50. The firm’s 50 day moving average is GBX 173.91 and its two-hundred day moving average is GBX 155.73. The stock has a market cap of £110.98 million, a PE ratio of 16.95 and a beta of 0.74.

About Mobius Investment Trust

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).