Mobius Investment Trust plc (LON:MMIT – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 148 ($1.83) and last traded at GBX 146 ($1.80), with a volume of 205202 shares. The stock had previously closed at GBX 146.50 ($1.81).
Mobius Investment Trust Stock Performance
The company has a fifty day moving average price of GBX 142.55 and a 200-day moving average price of GBX 139.27. The firm has a market cap of £170.82 million, a price-to-earnings ratio of 1,233.33 and a beta of 0.74.
Mobius Investment Trust Company Profile
MMIT provides investors with access to a high conviction portfolio of 20-30 small to mid-cap companies, across emerging and frontier markets.
The London listed investment trust will be managed by Mobius Capital Partners LLP (“MCP”), an investment manager launched in May 2018 by Mark Mobius, Carlos Hardenberg and Greg Konieczny.
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