Seraphim Space Investment Trust (LON:SSIT) Stock Price Up 15.2% – Time to Buy?

Seraphim Space Investment Trust (LON:SSIT)’s share price rose 15.2% on Wednesday . The stock traded as high as GBX 217 and last traded at GBX 216.13. Approximately 3,123,114 shares changed hands during trading, an increase of 60% from the average daily volume of 1,948,949 shares. The stock had previously closed at GBX 187.60.

Seraphim Space Investment Trust Stock Up 3.1%

The stock has a market cap of £536.96 million, a PE ratio of 5.49 and a beta of 2.18. The business has a 50 day moving average price of GBX 158 and a 200 day moving average price of GBX 122.10.

Seraphim Space Investment Trust (LON:SSIT) last issued its earnings results on Thursday, March 5th. The company reported GBX (0.89) EPS for the quarter. Seraphim Space Investment Trust had a return on equity of 20.81% and a net margin of 1,940.84%.

About Seraphim Space Investment Trust

The world’s first listed Space Tech fund. Sustainability, connectivity and digitalisation are global scale challenges. Our portfolio companies reflect our commitment to the planet. Seraphim Space Investment Trust will target early and growth stage Space Tech companies that have the potential to dominate globally and that are sector leaders with first mover advantages in areas such as climate, communications, mobility and cyber security.