Mobius Investment Trust (LON:MMIT) Trading Up 1.3% – What’s Next?

Mobius Investment Trust plc (LON:MMIT)’s stock price traded up 1.3% during trading on Wednesday . The stock traded as high as GBX 146 and last traded at GBX 144.32. 144,453 shares were traded during mid-day trading, a decline of 39% from the average session volume of 234,944 shares. The stock had previously closed at GBX 142.50.

Mobius Investment Trust Stock Up 1.3%

The company has a market cap of £94.80 million, a PE ratio of -39.76 and a beta of 0.74. The firm’s 50-day moving average is GBX 140.32 and its 200-day moving average is GBX 141.72.

Insider Activity

In other news, insider Diana Dyer Bartlett bought 21,469 shares of the stock in a transaction dated Friday, November 21st. The stock was bought at an average price of GBX 138 per share, for a total transaction of £29,627.22. Corporate insiders own 0.26% of the company’s stock.

Mobius Investment Trust Company Profile

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).