Mobius Investment Trust (LON:MMIT) Sets New 52-Week High – What’s Next?

Mobius Investment Trust plc (LON:MMITGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 143.50 ($1.86) and last traded at GBX 138.67 ($1.80), with a volume of 69574 shares changing hands. The stock had previously closed at GBX 140 ($1.82).

Mobius Investment Trust Stock Performance

The business has a fifty day moving average price of GBX 137.74 and a 200 day moving average price of GBX 135.45. The company has a market cap of £160.43 million, a price-to-earnings ratio of 1,160.42 and a beta of 0.74.

Mobius Investment Trust Company Profile

(Get Free Report)

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.

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