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

Shares of Mobius Investment Trust plc (LON:MMITGet Free Report) hit a new 52-week high during trading on Friday . The company traded as high as GBX 175 and last traded at GBX 167, with a volume of 58247 shares traded. The stock had previously closed at GBX 173.50.

Mobius Investment Trust Price Performance

The stock has a 50-day moving average of GBX 147.19 and a 200 day moving average of GBX 143.31. The stock has a market capitalization of £109.70 million, a price-to-earnings ratio of 16.75 and a beta of 0.72.

Mobius Investment Trust (LON:MMITGet Free Report) last announced its quarterly earnings data on Monday, March 9th. The company reported GBX 0.69 EPS for the quarter. Mobius Investment Trust had a return on equity of 10.93% and a net margin of 83.66%.

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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