Seraphim Space Investment Trust (LON:SSIT) Trading Up 5.3% – Should You Buy?

Seraphim Space Investment Trust (LON:SSIT) was up 5.3% on Tuesday . The company traded as high as GBX 130.50 and last traded at GBX 129. Approximately 1,447,461 shares changed hands during trading, a decline of 34% from the average daily volume of 2,200,700 shares. The stock had previously closed at GBX 122.50.

Seraphim Space Investment Trust Stock Performance

The company has a fifty day moving average of GBX 113.26 and a two-hundred day moving average of GBX 91.20. The firm has a market capitalization of £305.99 million and a price-to-earnings ratio of 5.78.

Insiders Place Their Bets

In other Seraphim Space Investment Trust news, insider Angela Lane purchased 8,000 shares of the stock in a transaction that occurred on Tuesday, November 25th. The shares were acquired at an average cost of GBX 78 per share, with a total value of £6,240. Also, insider Will Whitehorn acquired 11,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was acquired at an average price of GBX 78 per share, with a total value of £8,580. 0.14% of the stock is currently owned by company insiders.

Seraphim Space Investment Trust Company Profile

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.