Seraphim Space Investment Trust (LON:SSIT) Trading Down 8.6% – Should You Sell?

Seraphim Space Investment Trust (LON:SSIT) shares fell 8.6% during mid-day trading on Friday . The company traded as low as GBX 143.50 and last traded at GBX 143.50. 1,688,113 shares traded hands during trading, a decline of 11% from the average session volume of 1,906,336 shares. The stock had previously closed at GBX 157.

Seraphim Space Investment Trust Trading Down 4.5%

The firm has a 50-day simple moving average of GBX 129.29 and a two-hundred day simple moving average of GBX 96.34. The company has a market capitalization of £355.80 million and a price-to-earnings ratio of 6.72.

Insider Buying and Selling

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

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.