Mobius Investment Trust (LON:MMIT) Stock Price Down 0.6%

Mobius Investment Trust plc (LON:MMIT) dropped 0.6% on Thursday . The stock traded as low as GBX 128.89 ($1.60) and last traded at GBX 130 ($1.62). Approximately 135,001 shares were traded during trading, a decline of 2% from the average daily volume of 138,247 shares. The stock had previously closed at GBX 130.75 ($1.63).

Mobius Investment Trust Stock Performance

The firm has a market cap of £150.05 million, a price-to-earnings ratio of -2,166.67 and a beta of 0.71. The firm has a 50-day moving average price of GBX 136.16 and a two-hundred day moving average price of GBX 132.52.

Mobius Investment Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, April 11th will be given a dividend of GBX 1.25 ($0.02) per share. This represents a dividend yield of 0.91%. The ex-dividend date is Thursday, April 11th. This is a positive change from Mobius Investment Trust’s previous dividend of $1.20. Mobius Investment Trust’s dividend payout ratio (DPR) is -1,666.67%.

Mobius Investment Trust Company Profile

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.