Seraphim Space Investment Trust (LON:SSIT) Sets New 12-Month Low – What’s Next?

Seraphim Space Investment Trust (LON:SSIT) shares hit a new 52-week low on Tuesday . The stock traded as low as GBX 76.40 and last traded at GBX 185.60, with a volume of 3368769 shares traded. The stock had previously closed at GBX 193.

Seraphim Space Investment Trust Stock Down 3.8%

The stock has a market capitalization of £440.24 million, a P/E ratio of 4.50 and a beta of 2.28. The stock’s 50 day moving average price is GBX 216.07 and its 200-day moving average price is GBX 162.11.

Insider Transactions at Seraphim Space Investment Trust

In related news, insider Will Whitehorn purchased 5,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were acquired at an average cost of GBX 98 per share, for a total transaction of £4,900. Over the last quarter, insiders acquired 23,000 shares of company stock worth $2,946,000. 0.18% of the stock is currently owned by company insiders.

About Seraphim Space Investment Trust

The world’s first listed Space Tech fund. Sustainability, connectivity and digitalisation are global scale challenges. Our portfolio companies reflect our commitment to the planet. Seraphim Space Investment Trust will target early and growth stage Space Tech companies that have the potential to dominate globally and that are sector leaders with first mover advantages in areas such as climate, communications, mobility and cyber security.