Seraphim Space Investment Trust (LON:SSIT) Hits New 52-Week Low – What’s Next?

Seraphim Space Investment Trust (LON:SSIT) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 82.20 and last traded at GBX 194.60, with a volume of 20081242 shares changing hands. The stock had previously closed at GBX 203.

Seraphim Space Investment Trust Trading Down 4.1%

The stock has a market capitalization of £461.59 million, a PE ratio of 4.72 and a beta of 2.28. The firm’s fifty day moving average is GBX 210.15 and its 200-day moving average is GBX 154.39.

Insider Transactions at Seraphim Space Investment Trust

In related news, insider Will Whitehorn acquired 5,000 shares of Seraphim Space Investment Trust stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average cost of GBX 98 per share, for a total transaction of £4,900. In the last 90 days, insiders have bought 23,000 shares of company stock valued at $2,946,000. 0.18% of the stock is currently owned by insiders.

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.