Mobius Investment Trust (LON:MMIT) Reaches New 1-Year High – Time to Buy?

Mobius Investment Trust plc (LON:MMITGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 174.50 and last traded at GBX 170.50, with a volume of 43301 shares traded. The stock had previously closed at GBX 167.

Mobius Investment Trust Trading Up 2.1%

The firm has a market cap of £112.00 million, a price-to-earnings ratio of 17.10 and a beta of 0.72. The company’s 50-day moving average is GBX 150.99 and its 200-day moving average is GBX 144.31.

Mobius Investment Trust (LON:MMITGet Free Report) last posted its quarterly earnings results on Monday, March 9th. The company reported GBX 0.69 earnings per share (EPS) for the quarter. Mobius Investment Trust had a net margin of 83.66% and a return on equity of 10.93%.

About Mobius Investment Trust

(Get Free Report)

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 25-30 small to mid-cap companies, across emerging and frontier markets.

The London listed investment trust will be managed by MCP Emerging Markets LLP (“MCP”), an investment manager launched in May 2018. The Portfolio Manager is Carlos Hardenberg who has 25 years of investment experience and previously acted as the lead manager of the Templeton Emerging Markets Investment Trust (TEMIT).

Read More

Receive News & Ratings for Mobius Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobius Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.