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

Mobius Investment Trust plc (LON:MMIT)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 149 ($1.85) and last traded at GBX 149 ($1.85), with a volume of 59836 shares traded. The stock had previously closed at GBX 145 ($1.80).

Mobius Investment Trust Stock Up 2.8 %

The stock has a market capitalization of £171.98 million, a price-to-earnings ratio of 1,241.67 and a beta of 0.74. The business’s 50-day moving average is GBX 142.76 and its two-hundred day moving average is GBX 139.39.

About Mobius Investment Trust

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 20-30 small to mid-cap companies, across emerging and frontier markets.

The London listed investment trust will be managed by Mobius Capital Partners LLP (“MCP”), an investment manager launched in May 2018 by Mark Mobius, Carlos Hardenberg and Greg Konieczny.