Seraphim Space Investment Trust (LON:SSIT – Get Free Report) hit a new 52-week high during trading on Friday following insider buying activity. The company traded as high as GBX 72.60 ($0.98) and last traded at GBX 69.60 ($0.94), with a volume of 942960 shares traded. The stock had previously closed at GBX 66 ($0.89).
Specifically, insider Christina McComb acquired 15,577 shares of the business’s stock in a transaction that occurred on Wednesday, May 21st. The shares were bought at an average cost of GBX 64 ($0.87) per share, with a total value of £9,969.28 ($13,495.71).
Seraphim Space Investment Trust Stock Up 5.5%
The stock has a 50 day moving average of GBX 54.42 and a 200 day moving average of GBX 54.49. The company has a market capitalization of £168.33 million and a price-to-earnings ratio of 24.96.
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.
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