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

Mobius Investment Trust plc (LON:MMITGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 144.50 ($1.82) and last traded at GBX 142.50 ($1.80), with a volume of 44858 shares traded. The stock had previously closed at GBX 141 ($1.78).

Mobius Investment Trust Stock Down 0.4 %

The business’s 50 day simple moving average is GBX 139.55 and its 200 day simple moving average is GBX 137.16. The stock has a market cap of £163.90 million, a price-to-earnings ratio of 1,183.33 and a beta of 0.74.

About Mobius Investment Trust

(Get Free Report)

Mobius Investment Trust PLC is a closed-ended fund launched and managed by Mobius Capital Partners LLP. It invests in the public equity markets of emerging or frontier markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid-cap companies.

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