Mobius Investment Trust (LON:MMIT) Reaches New 1-Year High – Time to Buy?

Shares of Mobius Investment Trust plc (LON:MMITGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 148 ($1.82) 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 Trading Down 0.3 %

The business’s 50 day moving average price is GBX 142.12 and its two-hundred day moving average price is GBX 139.06. The stock has a market cap of £168.51 million, a P/E ratio of 1,216.67 and a beta of 0.74.

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 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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