Mobius Investment Trust (LON:MMIT) Hits New 12-Month High – Here’s Why

Shares of Mobius Investment Trust plc (LON:MMITGet Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 186.50 and last traded at GBX 186.50, with a volume of 57659 shares changing hands. The stock had previously closed at GBX 178.50.

Mobius Investment Trust Trading Up 4.5%

The firm has a market capitalization of £122.51 million, a price-to-earnings ratio of 3.21 and a beta of 0.67. The stock has a fifty day moving average price of GBX 174.50 and a 200-day moving average price of GBX 164.31.

Mobius Investment Trust (LON:MMITGet Free Report) last announced its quarterly earnings results 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

(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 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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