Mobius Investment Trust plc (LON:MMIT – Get Free Report) shares fell 1.4% on Wednesday . The company traded as low as GBX 171 and last traded at GBX 172. 93,450 shares were traded during mid-day trading, a decline of 68% from the average session volume of 287,998 shares. The stock had previously closed at GBX 174.50.
Mobius Investment Trust Trading Down 1.4%
The firm has a market cap of £112.99 million, a P/E ratio of 2.96 and a beta of 0.68. The company’s 50-day moving average is GBX 174.72 and its two-hundred day moving average is GBX 159.39.
Mobius Investment Trust (LON:MMIT – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported GBX 0.21 EPS for the quarter. Mobius Investment Trust had a return on equity of 31.87% and a net margin of 92.23%.
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).
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