Mobius Investment Trust (LON:MMIT) Trading 1.1% Higher – Still a Buy?

Mobius Investment Trust plc (LON:MMITGet Free Report)’s stock price shot up 1.1% during mid-day trading on Monday . The stock traded as high as GBX 142.50 ($1.81) and last traded at GBX 141 ($1.79). Approximately 104,379 shares changed 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 Stock Performance

The firm has a fifty day simple moving average of GBX 138.62 and a 200 day simple moving average of GBX 136.30. The company has a market capitalization of £162.74 million, a PE ratio of 1,175.00 and a beta of 0.74.

About Mobius Investment Trust

(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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