Mobius Investment Trust plc (LON:MMIT – Get Free Report) shares hit a new 52-week high on Friday . The stock traded as high as GBX 148.50 ($1.85) and last traded at GBX 147.53 ($1.83), with a volume of 107764 shares. The stock had previously closed at GBX 146.75 ($1.83).
Mobius Investment Trust Stock Performance
The business has a 50-day simple moving average of GBX 143.95 and a 200-day simple moving average of GBX 139.81. The company has a market cap of £170.28 million, a price-to-earnings ratio of 1,229.40 and a beta of 0.74.
Mobius Investment Trust Company Profile
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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