Mobius Investment Trust (LON:MMIT) Stock Price Down 0.4% – Here’s What Happened

Shares of Mobius Investment Trust plc (LON:MMITGet Free Report) were down 0.4% on Friday . The stock traded as low as GBX 134.73 ($1.69) and last traded at GBX 138.50 ($1.74). Approximately 92,327 shares traded hands during trading, a decline of 22% from the average daily volume of 118,462 shares. The stock had previously closed at GBX 139 ($1.75).

Mobius Investment Trust Trading Down 0.4 %

The company has a market capitalization of £160.43 million, a price-to-earnings ratio of 9.27 and a beta of 0.74. The company has a 50-day moving average of GBX 144.31 and a 200-day moving average of GBX 140.67.

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 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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