Mobius Investment Trust plc (LON:MMIT – Get Free Report) fell 1.1% on Wednesday . The stock traded as low as GBX 174 and last traded at GBX 174. Approximately 74,832 shares were traded during trading, a decline of 78% from the average session volume of 344,361 shares. The stock had previously closed at GBX 176.
Mobius Investment Trust Trading Down 1.1%
The firm has a market capitalization of £114.30 million, a price-to-earnings ratio of 17.45 and a beta of 0.74. The firm has a fifty day moving average price of GBX 170.91 and a 200 day moving average price of GBX 152.26.
Mobius Investment Trust Company Profile
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).
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