Mobius Investment Trust (LON:MMIT) Stock Price Up 1.1% – Still a Buy?

Mobius Investment Trust plc (LON:MMITGet Free Report)’s share price was up 1.1% during trading on Monday . The company traded as high as GBX 142.50 ($1.80) and last traded at GBX 141 ($1.78). Approximately 104,379 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 203,932 shares. The stock had previously closed at GBX 139.50 ($1.77).

Mobius Investment Trust Trading Up 0.3 %

The stock’s 50-day moving average is GBX 138.69 and its 200-day moving average is GBX 136.35. The stock has a market cap of £160.28 million, a price-to-earnings ratio of 1,157.22 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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